EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) Reaches New 52-Week High – Here’s What Happened

EssilorLuxottica Société anonyme (OTCMKTS:ESLOY)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $135.72 and last traded at $135.40, with a volume of 28954 shares trading hands. The stock had previously closed at $135.31.

Analysts Set New Price Targets

Separately, UBS Group cut EssilorLuxottica Société anonyme from a “buy” rating to a “neutral” rating in a research note on Tuesday, December 3rd.

EssilorLuxottica Société anonyme Price Performance

The firm’s 50 day moving average price is $122.53 and its two-hundred day moving average price is $118.27. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.88 and a quick ratio of 0.62.

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.