L’Oreal SA (OTCMKTS:LRLCY) Short Interest Up 219.8% in July

L’Oreal SA (OTCMKTS:LRLCY) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 46,966 shares, a growth of 219.8% from the July 15th total of 14,684 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 353,467 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

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

L’Oreal Price Performance

OTCMKTS LRLCY traded up $0.76 on Thursday, hitting $88.41. 66,598 shares of the stock were exchanged, compared to its average volume of 231,455. The company has a quick ratio of 1.15, a current ratio of 1.44 and a debt-to-equity ratio of 0.23. L’Oreal has a 52-week low of $78.82 and a 52-week high of $95.48. The stock has a fifty day moving average price of $87.75 and a two-hundred day moving average price of $86.90.

About L’Oreal

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.