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

L’Oréal S.A. (OTCMKTS:LRLCY) was the recipient of a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 70,300 shares, a drop of 69.5% from the November 30th total of 230,200 shares. Based on an average daily trading volume, of 1,448,800 shares, the short-interest ratio is currently 0.0 days.

L’Oréal Stock Up 0.5 %

Shares of OTCMKTS:LRLCY traded up $0.83 during mid-day trading on Thursday, reaching $71.00. 108,263 shares of the company traded hands, compared to its average volume of 187,018. The company’s 50 day moving average price is $72.28 and its 200-day moving average price is $81.98. L’Oréal has a 52 week low of $67.17 and a 52 week high of $100.28. The company has a current ratio of 1.01, a quick ratio of 0.73 and a debt-to-equity ratio of 0.13.

Wall Street Analysts Forecast Growth

LRLCY has been the subject of a number of recent research reports. DZ Bank downgraded L’Oréal from a “buy” rating to a “hold” rating in a research note on Thursday, October 24th. BNP Paribas lowered shares of L’Oréal from a “neutral” rating to an “underperform” rating in a research report on Tuesday, September 10th. Finally, JPMorgan Chase & Co. downgraded shares of L’Oréal from a “neutral” rating to an “underweight” rating in a research report on Wednesday, October 16th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, L’Oréal has a consensus rating of “Hold”.

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.