Short Interest in L’Oréal S.A. (OTCMKTS:LRLCY) Decreases By 15.1%

L’Oréal S.A. (OTCMKTS:LRLCY) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 83,700 shares, a decline of 15.1% from the December 31st total of 98,600 shares. Based on an average daily trading volume, of 480,500 shares, the short-interest ratio is presently 0.2 days.

L’Oréal Stock Down 2.8 %

OTCMKTS:LRLCY traded down $2.15 on Monday, reaching $73.88. The stock had a trading volume of 258,896 shares, compared to its average volume of 279,315. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.73 and a current ratio of 1.01. The company has a 50-day moving average of $70.91 and a 200 day moving average of $78.02. L’Oréal has a 12-month low of $66.64 and a 12-month high of $99.71.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on LRLCY shares. JPMorgan Chase & Co. cut shares of L’Oréal from a “neutral” rating to an “underweight” rating in a research report on Wednesday, October 16th. DZ Bank cut shares of L’Oréal from a “buy” rating to a “hold” rating in a research report on Thursday, October 24th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently 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.