L’Oreal SA (OTCMKTS:LRLCY) Short Interest Update
by Kim Johansen · The Markets DailyL’Oreal SA (OTCMKTS:LRLCY – Get Free Report) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 14,684 shares, a decrease of 90.3% from the June 30th total of 150,942 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 245,394 shares, the short-interest ratio is presently 0.1 days.
Analysts Set New Price Targets
A number of research firms have commented on LRLCY. Citigroup upgraded L’Oreal from a “neutral” rating to a “buy” rating in a research report on Thursday, June 25th. Berenberg Bank upgraded L’Oreal from a “hold” rating to a “buy” rating in a report on Thursday, May 28th. Deutsche Bank Aktiengesellschaft downgraded L’Oreal from a “hold” rating to a “sell” rating in a research report on Monday, June 22nd. Finally, BNP Paribas Exane raised shares of L’Oreal from an “underperform” rating to a “neutral” rating in a research report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Stock Analysis on LRLCY
L’Oreal Stock Up 1.3%
Shares of OTCMKTS:LRLCY traded up $1.05 during mid-day trading on Friday, reaching $84.75. 182,881 shares of the company were exchanged, compared to its average volume of 240,913. L’Oreal has a 1 year low of $78.82 and a 1 year high of $95.48. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.15 and a current ratio of 1.44. The firm’s 50-day simple moving average is $87.02 and its 200 day simple moving average is $86.94.
About L’Oreal
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.