EssilorLuxottica (OTCMKTS:ESLOY) Downgraded to Strong Sell Rating by Kepler Capital Markets

Kepler Capital Markets cut shares of EssilorLuxottica (OTCMKTS:ESLOY – Free Report) from a strong-buy rating to a strong sell rating in a research note issued to investors on Thursday,Zacks reports.

A number of other equities analysts also recently commented on the stock. Zacks Research raised shares of EssilorLuxottica from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 18th. The Goldman Sachs Group cut shares of EssilorLuxottica from a “buy” rating to a “hold” rating in a report on Tuesday, July 14th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, EssilorLuxottica currently has an average rating of “Moderate Buy”.

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EssilorLuxottica Trading Down 2.7%

Shares of ESLOY opened at $80.86 on Thursday. EssilorLuxottica has a 52 week low of $80.73 and a 52 week high of $186.81. The company has a current ratio of 0.99, a quick ratio of 0.70 and a debt-to-equity ratio of 0.17. The stock has a 50 day moving average of $92.95 and a 200-day moving average of $102.71.

EssilorLuxottica Company Profile

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EssilorLuxottica is a global company focused on the design, manufacture and distribution of ophthalmic lenses, eyewear and related optical products. Its business serves consumers, eye-care professionals, optical retailers and other distribution partners through operations spanning the lens, frames, sunglasses and retail segments.

The company’s lens portfolio includes products such as Varilux progressive lenses, Crizal lens coatings, Eyezen lenses and Transitions light-adaptive lenses. Its eyewear brands include Ray-Ban, Oakley, Persol, Oliver Peoples, Costa and Vogue Eyewear.

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