PARIS, FRANCE — LVMH Moët Hennessy Louis Vuitton SE (EPA: MC), the global luxury powerhouse, saw its shares finish slightly higher on Wednesday, April 17th, closing at €485.60 EUR. This marked a modest gain of €0.40, or +0.082%, from the previous day’s closing price of €485.20 EUR. Despite the small recovery, the trading session was marked by significant volatility, with the stock touching its lowest point in the past year before staging a late-session comeback.
Intraday Performance:
- Opening Price: €482.10 EUR
- Intraday High: €493.30 EUR
- Intraday Low: €480.95 EUR
- Close: €485.60 EUR
LVMH shares initially opened lower at €482.10 EUR and quickly experienced a significant rally, reaching a session high of €493.30 EUR. However, the momentum faded through the day, and the stock dipped to an intraday low of €480.95 EUR, which matched its 52-week low. This dip highlighted the pressure the stock faced during the session, but a late rally in the final hours of trading helped bring the price back into the positive.
Key Financial Metrics for LVMH:
- Market Capitalization: Approximately €246.7 Billion EUR
- P/E Ratio: 19.33
- Dividend Yield: 2.68%
- 52-Week Range: €480.95 EUR – €823.60 EUR
While LVMH remains well-established as the leader in the luxury goods market, its stock performance has seen a sharp pullback over the past year, with the stock trading significantly below its 52-week high of €823.60 EUR. As of today, the shares are closer to their 52-week low of €480.95 EUR, signaling potential investor concerns and market uncertainty around the luxury sector’s future.
Investors will be keen to see whether LVMH can continue its recovery or if the pressure near its annual lows will persist in the coming days.
