Hermès International Société en commandite par actions (OTCMKTS:HESAF) Share Price Passes Below 50-Day Moving Average – Here’s What Happened

Hermès International Société en commandite par actions (OTCMKTS:HESAF)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $2,497.74 and traded as low as $2,349.55. Hermès International Société en commandite par actions shares last traded at $2,450.00, with a volume of 132 shares trading hands.

Hermès International Société en commandite par actions Trading Down 0.5%

The firm has a fifty day simple moving average of $2,497.74 and a 200-day simple moving average of $2,500.66.

About Hermès International Société en commandite par actions

Hermès International Société en commandite par actions is a French luxury goods house renowned for its high-end leather goods, ready-to-wear apparel, silk scarves, fragrances, watches and jewelry. Founded in 1837 by Thierry Hermès as a harness workshop in Paris, the company has evolved into one of the world’s most prestigious names in fashion and lifestyle. Its products are characterized by meticulous craftsmanship, use of fine materials and timeless design, catering to a discerning global clientele.

The company’s product portfolio is anchored by its iconic leather creations, including the Birkin and Kelly handbags, which are handcrafted by skilled artisans in France.