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

L’Oreal SA (OTCMKTS:LRLCY) was the recipient of a significant drop in short interest in May. As of May 29th, there was short interest totaling 102,467 shares, a drop of 34.8% from the May 14th total of 157,130 shares. Based on an average daily trading volume, of 394,421 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

L’Oreal Price Performance

OTCMKTS LRLCY traded down $0.08 during trading hours on Wednesday, reaching $89.61. The company had a trading volume of 6,232 shares, compared to its average volume of 218,953. The company has a current ratio of 1.44, a quick ratio of 1.15 and a debt-to-equity ratio of 0.23. The stock has a 50-day moving average of $85.65 and a 200 day moving average of $86.82. L’Oreal has a 1-year low of $78.82 and a 1-year high of $95.48.

Analyst Upgrades and Downgrades

LRLCY has been the subject of several analyst reports. HSBC upgraded L’Oreal to a “buy” rating in a report on Tuesday, February 17th. BNP Paribas Exane raised shares of L’Oreal from an “underperform” rating to a “neutral” rating in a research report on Tuesday, May 5th. Royal Bank Of Canada restated an “outperform” rating on shares of L’Oreal in a research report on Tuesday, February 17th. Zacks Research downgraded shares of L’Oreal from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 6th. Finally, Berenberg Bank upgraded shares of L’Oreal from a “hold” rating to a “buy” rating in a report on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

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.