L’Oréal S.A. (OTCMKTS:LRLCY) Short Interest Update

L’Oréal S.A. (OTCMKTS:LRLCY) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 83,700 shares, a drop of 15.1% from the December 31st total of 98,600 shares. Based on an average trading volume of 480,500 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports 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 cut L’Oréal from a “buy” rating to a “hold” rating in a report on Thursday, October 24th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

L’Oréal Price Performance

LRLCY traded down $2.15 during trading on Monday, hitting $73.88. The company’s stock had a trading volume of 258,896 shares, compared to its average volume of 279,315. The firm’s 50 day moving average price is $70.91 and its 200-day moving average price is $78.02. The company has a current ratio of 1.01, a quick ratio of 0.73 and a debt-to-equity ratio of 0.13. L’Oréal has a twelve month low of $66.64 and a twelve month high of $99.71.

About L’Oréal

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.