Compagnie Financiere Richemont AG (OTCMKTS:CFRUY – Get Free Report) shares saw unusually-high trading volume on Friday . Approximately 1,122,387 shares traded hands during mid-day trading, an increase of 96% from the previous session’s volume of 572,428 shares.The stock last traded at $22.61 and had previously closed at $22.80.
Compagnie Financiere Richemont Stock Performance
The firm’s 50 day simple moving average is $21.35 and its 200-day simple moving average is $20.24. The company has a current ratio of 3.10, a quick ratio of 2.06 and a debt-to-equity ratio of 0.19.
About Compagnie Financiere Richemont
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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