LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Shares Down 1.5%

Shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) fell 1.5% during mid-day trading on Tuesday . The stock traded as low as $148.14 and last traded at $148.34. 256,857 shares traded hands during trading, an increase of 30% from the average session volume of 198,303 shares. The stock had previously closed at $150.66.

Analyst Upgrades and Downgrades

Separately, Barclays upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne from an “equal weight” rating to an “overweight” rating in a report on Tuesday, March 26th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Stock Performance

The firm has a 50-day simple moving average of $160.80 and a 200 day simple moving average of $166.73. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.32 and a quick ratio of 0.63.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, May 10th. Stockholders of record on Monday, April 22nd were given a dividend of $1.6107 per share. This is a positive change from LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s previous dividend of $1.20. The ex-dividend date was Friday, April 19th.

About LVMH Moët Hennessy – Louis Vuitton, Société Européenne

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.