EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY – Get Free Report) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 100,484 shares, a growth of 324.2% from the September 15th total of 23,688 shares. Based on an average trading volume of 337,986 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company’s shares are short sold.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on the company. Zacks Research raised EssilorLuxottica from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 18th. The Goldman Sachs Group lowered EssilorLuxottica from a “buy” rating to a “hold” rating in a research note on Tuesday, July 14th. Kepler Capital Markets cut EssilorLuxottica from a “strong-buy” rating to a “strong sell” rating in a report on Thursday, September 17th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of EssilorLuxottica in a research report on Tuesday, September 22nd. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Research Report on EssilorLuxottica
EssilorLuxottica Price Performance
EssilorLuxottica Company Profile
EssilorLuxottica is a global company focused on the design, manufacture and distribution of ophthalmic lenses, prescription eyewear and sunglasses. Its activities span the optical value chain, including lens technologies, frames, retail, wholesale distribution and related vision-care services.
The company’s portfolio includes proprietary and licensed eyewear brands such as Ray-Ban, Oakley, Persol, Oliver Peoples and Vogue Eyewear, as well as lens brands including Varilux, Crizal and Transitions.
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