L’Oréal (OTCMKTS:LRLCY) Reaches New 52-Week Low – Time to Sell?

Shares of L’Oréal S.A. (OTCMKTS:LRLCY) hit a new 52-week low during trading on Wednesday . The company traded as low as $67.10 and last traded at $68.17, with a volume of 186244 shares. The stock had previously closed at $69.21.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. JPMorgan Chase & Co. lowered shares of L’Oréal from a “neutral” rating to an “underweight” rating in a research note on Wednesday, October 16th. DZ Bank lowered shares of L’Oréal from a “buy” rating to a “hold” rating in a research note on Thursday, October 24th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold”.

L’Oréal Trading Down 1.6 %

The company has a quick ratio of 0.73, a current ratio of 1.01 and a debt-to-equity ratio of 0.13. The business’s fifty day moving average is $70.42 and its 200-day moving average is $79.89.

L’Oréal Company Profile

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.