L’Oréal (OTCMKTS:LRLCY) Reaches New 1-Year Low – Here’s Why

Shares of L’Oréal S.A. (OTCMKTS:LRLCY) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $66.64 and last traded at $67.46, with a volume of 370954 shares trading hands. The stock had previously closed at $67.11.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. DZ Bank downgraded shares of L’Oréal from a “buy” rating to a “hold” rating in a research note on Thursday, October 24th. JPMorgan Chase & Co. lowered L’Oréal from a “neutral” rating to an “underweight” rating in a research report on Wednesday, October 16th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

L’Oréal Trading Up 0.5 %

The stock’s 50-day simple moving average is $70.28 and its 200-day simple moving average is $79.53. The company has a current ratio of 1.01, a quick ratio of 0.73 and a debt-to-equity ratio of 0.13.

About L’Oréal

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.