Compagnie Financière Richemont SA (OTCMKTS:CFRUY – Get Free Report)’s stock price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $14.98 and traded as low as $14.51. Compagnie Financière Richemont shares last traded at $14.55, with a volume of 1,229,794 shares.
Wall Street Analyst Weigh In
Separately, Barclays raised Compagnie Financière Richemont to a “strong-buy” rating in a research report on Tuesday, September 17th.
Get Our Latest Analysis on CFRUY
Compagnie Financière Richemont Price Performance
Compagnie Financière Richemont Cuts Dividend
The company also recently announced a dividend, which was paid on Tuesday, October 8th. Investors of record on Friday, September 20th were given a $0.1454 dividend. The ex-dividend date was Friday, September 20th.
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.
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