LVMH Group SA (#MC) Stock Price, Live Chart & Analysis | Trade #MC
LVMH Moët Hennessy Louis Vuitton, also known as LVMH, is a French multinational holding group that specializes in luxury goods. LVMH manages over 70 prestigious brands, ranging from wines and spirits to watches and jewelry, including such famous ones as Christian Dior, Hennessy and Tiffany & Co and many others. The group is headquartered in Paris, France.
Investors and traders interested in the MC stock should look at the financial indicators of the company to research the company's prospects and identify some of its strengths and weaknesses. Fundamental factors such as ongoing financial crises in the countries where LVMH operates could negatively affect the MC stock rate, as people in such circumstances usually spend less on luxury goods. The company's leading markets should be closely monitored for the state of their economies.
LVMH's primary competitors in the industry include Kering and Richemont, both specializing in luxury goods and owning major brand competitors of LVMH. The recent industry focus on sustainability could promote the company that invests the most in its transformation into a more environmentally friendly business. This, in turn, could have a positive impact on the MC stock price.
Various controversies associated with the brands or the LVMH group itself might as well lead to a decrease in the MC price while future acquisitions of luxury goods companies will positively affect it. Expansion of the company's online presence is crucial to its sales, especially in times of tense epidemiological situations when the offline shops may be closed.
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SellBuyActive SellActive Buy
| Sell | 674.6 |
| Buy | 674.8 |
| 1-day change | 33.5(5.23%) |
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#MC (#MC) shares’ cost is $674.8 for today. The highest rate of shares #MC (#MC) for today is $687.0000, the lowest price is $674.4000. The opening price was $680.
A real-time chart for #MC (#MC) shares quote is provided below.
Price chart of #MC in real time mode
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- ECN
- CLASSIC
Prev. Close677.1
Day's Range674.4000 - 687.0000
Opening680
52 wk Range612-886.3
Volume1,979
Shares Outstanding499,544,498
Average Volume2,632
Market Cap336.84B
1-Year Return-13.38%
EPS27.94
Beta0.963
Revenue85.59B
P/E Ratio24.18
Dividends13.00(1.93%)
Next Earnings Date2024-10-15
Spread0
Swap Long-6
Contract size1
Swap Short2.5
Stop&Limit Level0
Interesting facts about the #MC (LVMH Group SA)
Since its founding in 1987, the LVMH Group has shown an awareness of its social and environmental responsibilities, placing a strong emphasis on sustainable development. Their social duties do not begin and end with sustainability, however, and the group is aware of this. As well as promoting environmentalism, they also helped produce hand sanitizer and PPE during the beginning of the COVID-19 pandemic. LVMH also fights for inclusivity, as demonstrated by their Mission Handicap initiative; worldwide, the company aims to hire enough disabled people to make up 2% of their workforce. LVMH also demonstrates this dedication to inclusivity by aiming for gender balance throughout the group, as well as inclusion of the LGBTQI community.
In today’s climate, with an ever-growing focus on ESG issues, LVMH could prove to be a good investment option. What’s more, if the growing demand for luxury goods is anything to go by, it seems probable that the group’s stock price could be driven to new heights. In 2021, the luxury goods market world revenue was more than €283 billion in total, representing a 29% increase from the previous year. Many analysts believe that this market will only continue to grow over the coming years, making it a prime opportunity for investors.
Shares in the company are quite expensive. LVMH’s stock price has been steadily rising over the past few years, no doubt in large part thanks to the wide variety of products it sells. LVMH stock is listed on the Euronext Paris Eurolist exchange under the ticker "MC". It is also included in major French and European equity indices: CAC 40 in France, DJ-EuroStoxx 50 in the Eurozone, and MSCI Europe and FTSE Eurotop 100 in Europe. If the company is included in these top stock market indices, it confirms its strength, large market share and reliability for investments.
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