EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) Given Average Rating of “Moderate Buy” by Analysts

Shares of EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) have received an average rating of “Moderate Buy” from the nine analysts that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation, four have issued a buy recommendation and two have given a strong buy recommendation to the company.

Several equities analysts recently issued reports on ESLOY shares. Zacks Research lowered EssilorLuxottica from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 23rd. The Goldman Sachs Group downgraded EssilorLuxottica from a “buy” rating to a “hold” rating in a research report on Tuesday, July 14th. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of EssilorLuxottica in a research report on Tuesday, May 12th. They set a “hold” rating on the stock.

EssilorLuxottica Stock Up 0.5%

ESLOY opened at $95.41 on Thursday. EssilorLuxottica has a 52 week low of $91.44 and a 52 week high of $186.81. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.70 and a current ratio of 0.99. The business has a fifty day simple moving average of $97.25 and a 200-day simple moving average of $111.34.

EssilorLuxottica Company Profile

EssilorLuxottica SE is a global ophthalmic optics company formed through the 2018 merger of France-based Essilor and Italy-based Luxottica. Headquartered near Paris, the company combines lens manufacturing, frame design and production, brand management and retail operations to provide a vertically integrated offering across the vision care value chain. Its activities span product research and development, manufacturing, wholesale distribution and retailing of spectacles, sunglasses and ophthalmic lenses.

The company’s product portfolio includes prescription and non-prescription lenses, lens coatings and treatments, and an array of eyewear brands and frames.