L’Oreal (OTCMKTS:LRLCY) Stock Crosses Below 50 Day Moving Average – Should You Sell?

L’Oreal SA (OTCMKTS:LRLCY) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $84.55 and traded as low as $84.28. L’Oreal shares last traded at $84.31, with a volume of 98,405 shares traded.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Berenberg Bank cut shares of L’Oreal from a “buy” rating to a “hold” rating in a research note on Tuesday, March 25th. Royal Bank Of Canada upgraded L’Oreal from a “sector perform” rating to an “outperform” rating in a research note on Friday, March 21st. Two investment analysts have rated the stock with a sell rating, three have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

L’Oreal Stock Performance

The company has a quick ratio of 0.81, a current ratio of 1.13 and a debt-to-equity ratio of 0.16. The stock has a fifty day moving average of $84.55 and a 200 day moving average of $76.93.

L’Oreal Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, May 29th. Stockholders of record on Monday, May 5th were issued a $1.2082 dividend. This represents a dividend yield of 1.39%. The ex-dividend date of this dividend was Friday, May 2nd.

L’Oreal 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.