H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Stock Price Passes Above Two Hundred Day Moving Average of $3.00

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.00 and traded as high as $3.14. H & M Hennes & Mauritz AB (publ) shares last traded at $3.12, with a volume of 15,232 shares.

H & M Hennes & Mauritz AB (publ) Stock Up 1.6 %

The firm has a market cap of $22.79 billion, a price-to-earnings ratio of 28.40 and a beta of 1.47. The firm’s 50 day moving average price is $2.95 and its two-hundred day moving average price is $3.00. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.08 and a quick ratio of 0.56.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last announced its earnings results on Wednesday, March 27th. The company reported $0.01 earnings per share for the quarter, hitting the consensus estimate of $0.01. H & M Hennes & Mauritz AB (publ) had a net margin of 4.02% and a return on equity of 20.67%. The business had revenue of $5.19 billion during the quarter, compared to the consensus estimate of $5.08 billion. As a group, sell-side analysts forecast that H & M Hennes & Mauritz AB will post 0.16 earnings per share for the current fiscal year.

H & M Hennes & Mauritz AB (publ) Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, May 28th. Shareholders of record on Tuesday, May 7th will be issued a $0.062 dividend. The ex-dividend date of this dividend is Monday, May 6th. This is a positive change from H & M Hennes & Mauritz AB (publ)’s previous dividend of $0.06. H & M Hennes & Mauritz AB (publ)’s payout ratio is currently 72.73%.

About H & M Hennes & Mauritz AB (publ)

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. It offers sportswear, shoes, bags, beauty products, activewear, jeans, and ready-to-wear; and interior products, including bed linens, dinnerware, textiles, furniture, and lighting.