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Hennes and Mauritz (NASDAQ:HNNMY) posted its quarterly earnings results on Wednesday. The company reported $0.11 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.10 by $0.01, Stock Ratings News reports.

Shares of Hennes and Mauritz (NASDAQ:HNNMY) opened at 8.74 on Wednesday. Hennes and Mauritz has a 52 week low of $6.30 and a 52 week high of $9.22. The stock’s 50-day moving average is $8. and its 200-day moving average is $8.63. The company has a market cap of $72.327 billion and a P/E ratio of 27.68.

On the ratings front, analysts at ABG Sundal Collier upgraded shares of Hennes and Mauritz to a “buy” rating in a research note on Monday, June 2nd. Five equities research analysts have rated the stock with a buy rating, Hennes and Mauritz has an average rating of “Buy”.

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