L'Oréal S.A. (OTCMKTS:LRLCY - Get Free Report) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 204,400 shares, an increase of 76.2% from the January 31st total of 116,000 shares. Based on an average trading volume of 573,200 shares, the days-to-cover ratio is presently 0.4 days.
Wall Street Analysts Forecast Growth
Separately, Argus upgraded shares of L'Oréal to a "strong-buy" rating in a research report on Thursday, February 13th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold".
View Our Latest Research Report on LRLCY
L'Oréal Trading Up 1.0 %
Shares of OTCMKTS LRLCY traded up $0.69 during midday trading on Monday, reaching $73.06. 145,323 shares of the company traded hands, compared to its average volume of 258,052. The stock has a 50-day moving average price of $71.24 and a 200 day moving average price of $76.10. L'Oréal has a 52 week low of $66.64 and a 52 week high of $99.71. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.01 and a quick ratio of 0.73.
About L'Oréal
(
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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.
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