L’Oreal (OTCMKTS:LRLCY) Stock Crosses Above Fifty Day Moving Average – Here’s What Happened

by · The Markets Daily

Shares of L’Oreal SA (OTCMKTS:LRLCY – Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $85.60 and traded as high as $87.06. L’Oreal shares last traded at $86.55, with a volume of 106,222 shares trading hands.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Erste Group Bank cut L’Oreal from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. Rothschild Redb raised L’Oreal from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 25th. Rothschild & Co Redburn upgraded L’Oreal from a “neutral” rating to a “buy” rating in a report on Tuesday, November 25th. Jefferies Financial Group reiterated an “underperform” rating on shares of L’Oreal in a report on Tuesday, October 21st. Finally, Citigroup restated a “neutral” rating on shares of L’Oreal in a report on Friday, November 21st. Three analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Get Our Latest Stock Report on LRLCY

L’Oreal Price Performance

The company has a debt-to-equity ratio of 0.15, a current ratio of 1.19 and a quick ratio of 0.90. The company’s 50 day moving average is $85.60 and its 200-day moving average is $87.12.

L’Oreal Company Profile

(Get Free Report)

L'Oréal SA, through its subsidiaries, manufactures and sells cosmetic products for women and men worldwide. The company operates through four divisions: Consumer Products, L'oréal Luxe, Professional Products, and Dermatological Beauty. It offers skincare, make-up, hair colourants, haircare, perfumes, and hygiene products.

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