H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Short Interest Update

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 5,900 shares, a growth of 51.3% from the March 15th total of 3,900 shares. Based on an average daily volume of 144,400 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

H & M Hennes & Mauritz AB (publ) Stock Performance

Shares of H & M Hennes & Mauritz AB (publ) stock traded up $0.09 on Thursday, reaching $2.86. 91,332 shares of the stock were exchanged, compared to its average volume of 102,775. The firm has a market capitalization of $20.25 billion, a PE ratio of 20.43 and a beta of 1.25. H & M Hennes & Mauritz AB has a 1-year low of $2.37 and a 1-year high of $3.69. The business has a fifty day moving average price of $2.65 and a two-hundred day moving average price of $2.78. The company has a current ratio of 1.14, a quick ratio of 0.55 and a debt-to-equity ratio of 1.40.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last posted its quarterly earnings results on Wednesday, March 26th. The company reported $0.01 EPS for the quarter, meeting the consensus estimate of $0.01. H & M Hennes & Mauritz AB (publ) had a return on equity of 25.89% and a net margin of 4.93%. The business had revenue of $5.04 billion during the quarter, compared to analysts’ expectations of $56.15 billion. As a group, research analysts anticipate that H & M Hennes & Mauritz AB will post 0.15 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on HNNMY shares. Barclays downgraded shares of H & M Hennes & Mauritz AB (publ) from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 25th. Hsbc Global Res cut H & M Hennes & Mauritz AB (publ) from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

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.