Hennes & Mauritz AB (HNNMY) Downgraded by Zacks Investment Research to Sell
Zacks Investment Research lowered shares of Hennes & Mauritz AB (OTCMKTS:HNNMY) from a hold rating to a sell rating in a report issued on Monday.
According to Zacks, “H & M Hennes & Mauritz AB offers fashion products with a broad and varied selection for women, men, teens and children through retail outlets mainly in Europe. The Company also sells its products via catalogues and the Internet. The women’s collection includes basics to tailored classics, sportswear, maternity clothes, accessories and shoes. The men’s collections include tailored pieces, modern basics, leisurewear accessories, underwear and shoes. The jeans & denim includes traditional five-pocket jeans, trendy fashion jeans and denim models in organic cotton. H&M’s cosmetics department provides a wide range of makeup, skin care and body care products. H & M Hennes & Mauritz AB is a subsidiary of Ramsbury Invest AB and is headquartered in Stockholm, Sweden. “
Separately, Goldman Sachs Group, Inc. (The) reaffirmed a neutral rating on shares of Hennes & Mauritz AB in a research report on Tuesday, August 8th.
Hennes & Mauritz AB (OTCMKTS:HNNMY) traded down $0.13 during mid-day trading on Monday, reaching $4.81. The company had a trading volume of 74,234 shares, compared to its average volume of 58,145. Hennes & Mauritz AB has a fifty-two week low of $4.52 and a fifty-two week high of $6.02. The firm has a market capitalization of $36,080.00, a P/E ratio of 19.72, a PEG ratio of 2.08 and a beta of 1.13.
The company also recently announced a None dividend, which will be paid on Monday, December 4th. Stockholders of record on Tuesday, November 14th will be given a dividend of $0.083 per share. This is a positive change from Hennes & Mauritz AB’s previous None dividend of $0.08. The ex-dividend date of this dividend is Monday, November 13th.
Hennes & Mauritz AB Company Profile
H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, and cosmetics for women, men, teenagers, children, and babies. It offers sportswear, underwear, shoes, bags, jewelry, scarves, hats, belts, beauty products, stationery, ready-to-wear, and jeans wear; hair styling, body care, and make-up accessories; and homeware accessories for the living room, kitchen, bedroom, bathroom and childrens room.
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