LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Reaches New 12-Month Low – Here’s What Happened

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as $120.03 and last traded at $121.91, with a volume of 626182 shares traded. The stock had previously closed at $127.24.

Analyst Ratings Changes

A number of research firms have recently issued reports on LVMUY. Berenberg Bank upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research note on Wednesday, October 30th. Citigroup raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research report on Friday, October 11th. Finally, TD Cowen upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research note on Thursday, October 10th. Three analysts have rated the stock with a hold rating, one has given a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, LVMH Moët Hennessy – Louis Vuitton, Société Européenne presently has a consensus rating of “Buy”.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Price Performance

The stock has a fifty day moving average price of $136.76 and a 200-day moving average price of $148.20.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, December 19th. Investors of record on Friday, November 29th will be issued a $1.181 dividend. The ex-dividend date is Friday, November 29th.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Company Profile

LVMH Moët Hennessy – Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers wines, and spirits under the domaine des Lambrays, Château d'Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Château Galoupet, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Joseph Phelps, Newton Vineyard, Cloudy Bay, Belvedere, Colgin Cellars,Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19, Volcan de mi Tierra, and Eminente brands; and fashion and leather products under the Loewe, Moynat, Louis Vuitton, Berluti, RIMOWA, Patou, Loro Piana, FENDI, Celine, Christian Dior, Emilio Pucci, Givenchy, Kenzo, and Marc Jacobs brands.