L’Oreal SA (OTCMKTS:LRLCY – Get Free Report) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 157,130 shares, an increase of 129.3% from the April 30th total of 68,528 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 425,177 shares, the days-to-cover ratio is presently 0.4 days.
L’Oreal Stock Performance
LRLCY stock traded down $0.87 during mid-day trading on Tuesday, reaching $88.45. 362,619 shares of the stock traded hands, compared to its average volume of 211,684. The company has a current ratio of 1.44, a quick ratio of 1.15 and a debt-to-equity ratio of 0.23. L’Oreal has a one year low of $78.82 and a one year high of $95.48. The business has a 50-day moving average price of $84.09 and a two-hundred day moving average price of $86.42.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on LRLCY. Royal Bank Of Canada reiterated an “outperform” rating on shares of L’Oreal in a research report on Tuesday, February 17th. BNP Paribas Exane upgraded L’Oreal from an “underperform” rating to a “neutral” rating in a research report on Tuesday, May 5th. Berenberg Bank upgraded L’Oreal from a “hold” rating to a “buy” rating in a research report on Thursday, May 28th. HSBC upgraded L’Oreal to a “buy” rating in a research report on Tuesday, February 17th. Finally, Zacks Research lowered L’Oreal from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average 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.
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