Short Interest in L’Oreal SA (OTCMKTS:LRLCY) Grows By 219.8%

L’Oreal SA (OTCMKTS:LRLCY) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 46,966 shares, an increase of 219.8% from the July 15th total of 14,684 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 353,467 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Berenberg Bank upgraded L’Oreal from a “hold” rating to a “buy” rating in a report on Thursday, May 28th. Citigroup upgraded L’Oreal from a “neutral” rating to a “buy” rating in a report on Thursday, June 25th. BNP Paribas Exane upgraded L’Oreal from an “underperform” rating to a “neutral” rating in a research note on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft downgraded L’Oreal from a “hold” rating to a “sell” rating in a research report on Monday, June 22nd. Finally, Jefferies Financial Group raised shares of L’Oreal from an “underperform” rating to a “hold” rating in a research note on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

L’Oreal Trading Down 0.8%

L’Oreal stock opened at $87.71 on Friday. The company has a 50 day moving average price of $87.82 and a 200-day moving average price of $86.88. The company has a quick ratio of 1.15, a current ratio of 1.44 and a debt-to-equity ratio of 0.23. L’Oreal has a fifty-two week low of $78.82 and a fifty-two week high of $95.48.

L’Oreal Company Profile

L’Oréal SA is a global beauty and personal care company, founded in 1909 by Eugène Schueller and headquartered in Clichy, France. The company develops, manufactures and markets a broad range of consumer and professional products across cosmetics, skin care, hair care, hair color, and fragrances. L’Oréal serves customers around the world through a combination of direct retail, salons, pharmacies, department stores and e-commerce, operating in numerous countries across Europe, the Americas, Asia-Pacific, Africa and the Middle East.

Operations are organized around several business divisions that target distinct channels and consumer segments, including Consumer Products, L’Oréal Luxe, Professional Products and Active Cosmetics.