Essay about Lvmh Moet Hennessy Louis Vuitton

736 Words Oct 4th, 2015 3 Pages
LVMH Moët Hennessy Louis Vuitton operates in a global market and is traded internationally, mainly on the Paris Stock Exchange. In the United States LVMH Moët Hennessy Louis Vuitton is traded as an Over-The-Counter (OTC) investment or through Equity Traded Funds (ETF). Over-The-Counter investments are securities that are traded via a dealer network as opposed to a formal exchange such as the NYSE (Investopedia, Nov. 24, 2003). “An ETF, or exchange traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund” (Investopedia, Nov. 18, 2003). For this summary we followed LVMH Moët Hennessy Louis Vuitton ADR which is listed as an OTC on the NASDAQ under the symbol LVMUY.
Current Activity On October 2, 2015 the opening stock was $33.20. The previous close was $33.80. The 52-week low was $31.25 which occurred on October 16, 2014. The 52-week high was on June 26, 2015 at $38.71. The market cap for LVMUY was 84.80 billion. When the market closed for the day the price was at $33.75 which was down $0.05 from the previous closing. The last sale volume was 43.8K with an average volume at 97.2K. Today’s high was $33.99 and the low was $32.92; the Price/Earnings ratio was 13.23; Earnings per Share were 2.55; and the Quarterly Dividend was 0.83 with a yield at 2.45% (Yahoo! Finance, 2015).
Trends and Events Influencing Stock Market There have been several trends or events that have influenced the stock market. The most recent…

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