EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) Sees Large Growth in Short Interest

EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 7,240 shares, a growth of 45.5% from the December 15th total of 4,976 shares. Based on an average daily volume of 84,430 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 84,430 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

A number of brokerages have recently issued reports on ESLOY. Zacks Research downgraded shares of EssilorLuxottica from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. The Goldman Sachs Group reiterated a “buy” rating on shares of EssilorLuxottica in a research report on Friday, December 5th. Hsbc Global Res upgraded EssilorLuxottica to a “strong-buy” rating in a research report on Wednesday. Kepler Capital Markets upgraded EssilorLuxottica from a “hold” rating to a “buy” rating in a report on Thursday. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of EssilorLuxottica in a report on Tuesday, October 28th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

EssilorLuxottica Stock Down 3.3%

ESLOY opened at $157.68 on Friday. EssilorLuxottica has a 52 week low of $125.26 and a 52 week high of $186.81. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.67 and a current ratio of 0.97. The business has a fifty day simple moving average of $169.15 and a 200-day simple moving average of $161.78.

EssilorLuxottica Company Profile

EssilorLuxottica SE is a global ophthalmic optics company formed through the 2018 merger of France-based Essilor and Italy-based Luxottica. Headquartered near Paris, the company combines lens manufacturing, frame design and production, brand management and retail operations to provide a vertically integrated offering across the vision care value chain. Its activities span product research and development, manufacturing, wholesale distribution and retailing of spectacles, sunglasses and ophthalmic lenses.

The company’s product portfolio includes prescription and non-prescription lenses, lens coatings and treatments, and an array of eyewear brands and frames.