Compagnie Financière Richemont (OTCMKTS:CFRUY) Stock Price Passes Above 50-Day Moving Average – Here’s Why

Compagnie Financière Richemont SA (OTCMKTS:CFRUYGet Free Report) shares 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 traded.

Wall Street Analyst Weigh In

Separately, Barclays upgraded Compagnie Financière Richemont to a “strong-buy” rating in a research report on Tuesday, September 17th.

Get Our Latest Stock Report on CFRUY

Compagnie Financière Richemont Price Performance

The stock has a fifty day moving average of $14.34 and a 200-day moving average of $14.92. The company has a quick ratio of 1.97, a current ratio of 2.65 and a debt-to-equity ratio of 0.29.

About Compagnie Financière Richemont

(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.

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