EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) Stock Passes Below 50 Day Moving Average – Here’s What Happened

Shares of EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $144.15 and traded as low as $143.42. EssilorLuxottica Société anonyme shares last traded at $144.06, with a volume of 18,488 shares changing hands.

Analyst Upgrades and Downgrades

ESLOY has been the topic of several research reports. UBS Group cut EssilorLuxottica Société anonyme from a “buy” rating to a “neutral” rating in a research report on Tuesday, December 3rd. Royal Bank of Canada upgraded shares of EssilorLuxottica Société anonyme from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, January 29th.

EssilorLuxottica Société anonyme Trading Down 1.0 %

The company has a 50-day moving average of $144.15 and a two-hundred day moving average of $128.02. The company has a current ratio of 0.88, a quick ratio of 0.62 and a debt-to-equity ratio of 0.13.

About EssilorLuxottica Société anonyme

EssilorLuxottica Société anonyme designs, manufactures, and distributes ophthalmic lenses, frames, and sunglasses in Europe, the Middle East, Africa, Latin America, the Asia-Pacific, and North America. It operates through Professional Solutions and Direct to Consumer segments. The company offers lens under the Essilor, Varilux, Crizal, Eyezen, Stellest, Xperio, Transitions, Ray-Ban, Oakley, Barberini, KODAK Lens, Nikon, Shamir, eyexpert, iWear, Humanware, and Optifog brands.