L’Oreal SA (OTCMKTS:LRLCY) Short Interest Update

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. Based on an average trading volume of 353,467 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Analysts Set New Price Targets

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

L’Oreal Stock Performance

Shares of LRLCY traded down $0.67 during mid-day trading on Friday, hitting $87.71. The stock had a trading volume of 67,522 shares, compared to its average volume of 230,712. L’Oreal has a fifty-two week low of $78.82 and a fifty-two week high of $95.48. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.44 and a quick ratio of 1.15. The company’s fifty day simple moving average is $87.80 and its two-hundred day simple moving average is $86.88.

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.