Compagnie Financière Richemont (OTCMKTS:CFRUY) Share Price Crosses Above 50-Day Moving Average – Time to Sell?

Compagnie Financière Richemont SA (OTCMKTS:CFRUYGet Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $14.34 and traded as high as $15.41. Compagnie Financière Richemont shares last traded at $15.38, with a volume of 409,106 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Barclays raised shares of Compagnie Financière Richemont to a “strong-buy” rating in a research note on Tuesday, September 17th.

Read Our Latest Stock Analysis on CFRUY

Compagnie Financière Richemont Stock Performance

The company has a debt-to-equity ratio of 0.29, a current ratio of 2.65 and a quick ratio of 1.97. The firm has a fifty day moving average of $14.38 and a 200-day moving average of $14.92.

Compagnie Financière Richemont Company Profile

(Get Free Report)

Compagnie Financière Richemont SA engages in the luxury goods business in France, the United Kingdom, Italy, Switzerland, and rest of Europe. The company operates through Jewellery Maisons, Specialist Watchmakers, and Other segments. It designs, manufactures, and distributes jewelry products, precision timepieces, watches, writing instruments, clothing, and leather goods and accessories.

Further Reading

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