H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Hits New 12-Month Low – Time to Sell?

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) hit a new 52-week low during trading on Tuesday . The stock traded as low as $2.46 and last traded at $2.61, with a volume of 362464 shares trading hands. The stock had previously closed at $2.62.

Analyst Upgrades and Downgrades

A number of research firms have commented on HNNMY. Royal Bank of Canada downgraded H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, November 26th. Redburn Atlantic downgraded shares of H & M Hennes & Mauritz AB (publ) from a “hold” rating to a “strong sell” rating in a report on Thursday, October 31st. Finally, Barclays raised shares of H & M Hennes & Mauritz AB (publ) to a “strong-buy” rating in a report on Friday, September 27th. One analyst has rated the stock with a sell rating, one has given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

H & M Hennes & Mauritz AB (publ) Stock Performance

The stock has a 50-day simple moving average of $2.77 and a 200-day simple moving average of $3.03. The stock has a market cap of $18.20 billion, a PE ratio of 21.42 and a beta of 1.43. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.11 and a quick ratio of 0.55.

H & M Hennes & Mauritz AB (publ) Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 8th were paid a dividend of $0.0625 per share. The ex-dividend date of this dividend was Friday, November 8th. This is a boost from H & M Hennes & Mauritz AB (publ)’s previous dividend of $0.06. H & M Hennes & Mauritz AB (publ)’s payout ratio is currently 58.33%.

H & M Hennes & Mauritz AB (publ) Company Profile

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. It offers sportswear, shoes, bags, beauty products, activewear, jeans, and ready-to-wear; and interior products, including bed linens, dinnerware, textiles, furniture, and lighting.