L’Oréal (OTCMKTS:LRLCY) Sets New 52-Week Low – What’s Next?

L’Oréal S.A. (OTCMKTS:LRLCY) hit a new 52-week low during trading on Tuesday . The stock 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.

Analysts Set New Price Targets

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

L’Oréal Trading Up 0.7 %

The business has a 50 day moving average of $70.10 and a two-hundred day moving average of $79.39. The company has a quick ratio of 0.73, a current ratio of 1.01 and a debt-to-equity ratio of 0.13.

L’Oréal 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.