EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) Stock Crosses Below 50-Day Moving Average – Should You Sell?

EssilorLuxottica Société anonyme (OTCMKTS:ESLOY)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $144.15 and traded as low as $143.42. EssilorLuxottica Société anonyme shares last traded at $144.06, with a volume of 18,488 shares traded.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. UBS Group lowered shares of EssilorLuxottica Société anonyme from a “buy” rating to a “neutral” rating in a research note on Tuesday, December 3rd. Royal Bank of Canada upgraded EssilorLuxottica Société anonyme from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, January 29th.

EssilorLuxottica Société anonyme Stock Performance

The firm has a 50-day moving average of $144.15 and a 200 day moving average of $128.02. The company has a current ratio of 0.88, a quick ratio of 0.62 and a debt-to-equity ratio of 0.13.

EssilorLuxottica Société anonyme Company Profile

EssilorLuxottica Société anonyme designs, manufactures, and distributes ophthalmic lenses, frames, and sunglasses in Europe, the Middle East, Africa, Latin America, the Asia-Pacific, and North America. It operates through Professional Solutions and Direct to Consumer segments. The company offers lens under the Essilor, Varilux, Crizal, Eyezen, Stellest, Xperio, Transitions, Ray-Ban, Oakley, Barberini, KODAK Lens, Nikon, Shamir, eyexpert, iWear, Humanware, and Optifog brands.