L’Oreal SA (OTCMKTS:LRLCY – Get Free Report) was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 150,942 shares, a growth of 192.6% from the June 15th total of 51,593 shares. Based on an average daily trading volume, of 799,304 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are short sold.
L’Oreal Price Performance
LRLCY stock traded down $0.51 during trading on Tuesday, hitting $86.11. 83,504 shares of the stock traded hands, compared to its average volume of 241,708. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.15 and a current ratio of 1.44. L’Oreal has a 1 year low of $78.82 and a 1 year high of $95.48. The firm’s 50 day moving average is $86.76 and its two-hundred day moving average is $86.92.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on LRLCY. BNP Paribas Exane upgraded L’Oreal from an “underperform” rating to a “neutral” rating in a report on Tuesday, May 5th. Citigroup upgraded L’Oreal from a “neutral” rating to a “buy” rating in a research report on Thursday, June 25th. Deutsche Bank Aktiengesellschaft cut L’Oreal from a “hold” rating to a “sell” rating in a research note on Monday, June 22nd. Finally, Berenberg Bank raised L’Oreal from a “hold” rating to a “buy” rating in a research report on Thursday, May 28th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.
L’Oreal Company Profile
L’Oréal SA is a global beauty and personal care company, founded in 1909 by Eugène Schueller and headquartered in Clichy, France. The company develops, manufactures and markets a broad range of consumer and professional products across cosmetics, skin care, hair care, hair color, and fragrances. L’Oréal serves customers around the world through a combination of direct retail, salons, pharmacies, department stores and e-commerce, operating in numerous countries across Europe, the Americas, Asia-Pacific, Africa and the Middle East.
Operations are organized around several business divisions that target distinct channels and consumer segments, including Consumer Products, L’Oréal Luxe, Professional Products and Active Cosmetics.
Further Reading
- Five stocks we like better than L’Oreal
- Why Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet
- 3 Overlooked Energy ETFs Delivering Strong Returns and Income
- 3 Space Stocks That Could Outshine SpaceX After Its IPO
- JPMorgan’s Q2 Strength Gives the Stock Rally New Support
Receive News & Ratings for L'Oreal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for L'Oreal and related companies with MarketBeat.com's FREE daily email newsletter.
