H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Stock Price Passes Below Two Hundred Day Moving Average of $2.97

Posted by ABMN Staff on Apr 16th, 2024

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY – Get Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.97 and traded as low as $2.96. H & M Hennes & Mauritz AB (publ) shares last traded at $2.96, with a volume of 42,015 shares trading hands.

H & M Hennes & Mauritz AB (publ) Trading Down 0.3 %

The business’s 50-day moving average price is $2.81 and its 200 day moving average price is $2.97. The company has a market cap of $21.24 billion, a P/E ratio of 26.91 and a beta of 1.48. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.56 and a current ratio of 1.08.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY – Get Free Report) last announced its earnings results on Wednesday, January 31st. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.02). The company had revenue of $5.73 billion for the quarter, compared to the consensus estimate of $6.04 billion. H & M Hennes & Mauritz AB (publ) had a return on equity of 20.67% and a net margin of 4.02%. As a group, analysts expect that H & M Hennes & Mauritz AB will post 0.16 earnings per share for the current year.

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

The business also recently disclosed a dividend, which will be paid on Tuesday, May 28th. Investors of record on Tuesday, May 7th will be paid a $0.062 dividend. This is an increase from H & M Hennes & Mauritz AB (publ)’s previous dividend of $0.06. The ex-dividend date of this dividend is Monday, May 6th. H & M Hennes & Mauritz AB (publ)’s dividend payout ratio is presently 72.73%.

H & M Hennes & Mauritz AB (publ) Company Profile

(Get Free Report)

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.