H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $3.22 and traded as low as $2.84. H & M Hennes & Mauritz AB (publ) shares last traded at $2.84, with a volume of 41,934 shares changing hands.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Redburn Atlantic downgraded shares of H & M Hennes & Mauritz AB (publ) from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 31st. Barclays raised H & M Hennes & Mauritz AB (publ) to a “strong-buy” rating in a research report on Friday, September 27th. One equities research analyst has rated the stock with a sell rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

H & M Hennes & Mauritz AB (publ) Trading Down 0.7 %

The company has a quick ratio of 0.55, a current ratio of 1.11 and a debt-to-equity ratio of 1.07. The company’s fifty day moving average price is $3.20 and its two-hundred day moving average price is $3.22. The firm has a market cap of $20.11 billion, a PE ratio of 23.67 and a beta of 1.45.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last issued its earnings results on Thursday, September 26th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.01). H & M Hennes & Mauritz AB (publ) had a return on equity of 23.03% and a net margin of 4.30%. The business had revenue of $5.61 billion for the quarter, compared to analysts’ expectations of $5.84 billion. As a group, sell-side analysts forecast that H & M Hennes & Mauritz AB will post 0.15 earnings per share for the current fiscal year.

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

The company also recently declared a dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 8th will be issued a $0.0625 dividend. The ex-dividend date of this dividend is 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 dividend payout ratio is currently 66.67%.

About H & M Hennes & Mauritz AB (publ)

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.