Compagnie Financiere Richemont (OTCMKTS:CFRUY) Hits New 12-Month High – What’s Next?

Shares of Compagnie Financiere Richemont AG (OTCMKTS:CFRUYGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $22.15 and last traded at $21.9950, with a volume of 290772 shares. The stock had previously closed at $20.90.

Compagnie Financiere Richemont Trading Up 6.0%

The company has a fifty day simple moving average of $19.70 and a two-hundred day simple moving average of $19.98. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.82 and a quick ratio of 1.87.

About Compagnie Financiere Richemont

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Compagnie Financière Richemont SA is a Switzerland-based luxury goods holding company headquartered in Geneva. The group designs, manufactures and distributes high-end jewelry, watches, leather goods, writing instruments, accessories and fashion items through a portfolio of maisons and specialist retailers. Richemont’s business model combines brand ownership with direct retail operations and selective wholesale distribution to serve affluent consumers worldwide.

Richemont’s portfolio includes several well-known luxury maisons that operate across distinct product categories, notably jewellery and watchmaking, as well as leather goods and accessories.

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