Compagnie Financière Richemont (OTCMKTS:CFRUY) Receives New Coverage from Analysts at CLSA

Analysts at CLSA initiated coverage on shares of Compagnie Financière Richemont (OTCMKTS:CFRUY) in a note issued to investors on Thursday, FlyOnTheWall reports. The firm set a “buy” rating on the stock.

Separately, Telsey Advisory Group reissued a “market perform” rating on shares of Compagnie Financière Richemont in a report on Monday, July 10th.

Compagnie Financière Richemont Price Performance

CFRUY stock traded down $0.08 during trading on Thursday, reaching $12.94. The stock had a trading volume of 338,236 shares, compared to its average volume of 359,107. Compagnie Financière Richemont has a 52 week low of $9.27 and a 52 week high of $17.86. The stock’s 50 day moving average is $15.04 and its two-hundred day moving average is $15.72. The company has a quick ratio of 1.89, a current ratio of 2.47 and a debt-to-equity ratio of 0.31.

About Compagnie Financière Richemont

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.