L’Oreal SA (OTCMKTS:LRLCY – Get Free Report) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 14,684 shares, a drop of 90.3% from the June 30th total of 150,942 shares. Based on an average daily volume of 245,394 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.
L’Oreal Stock Performance
Shares of OTCMKTS:LRLCY traded up $1.05 during trading on Friday, reaching $84.75. The stock had a trading volume of 182,881 shares, compared to its average volume of 240,913. 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 business has a fifty day moving average price of $87.02 and a 200-day moving average price of $86.94.
Analysts Set New Price Targets
Several research analysts have recently weighed in on LRLCY shares. BNP Paribas Exane raised L’Oreal from an “underperform” rating to a “neutral” rating in a research note on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft cut shares of L’Oreal from a “hold” rating to a “sell” rating in a research note on Monday, June 22nd. Citigroup raised shares of L’Oreal from a “neutral” rating to a “buy” rating in a report on Thursday, June 25th. Finally, Berenberg Bank upgraded shares of L’Oreal from a “hold” rating to a “buy” rating in a research report on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company 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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