EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) Sets New 52-Week High – Time to Buy?

EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) hit a new 52-week high on Tuesday . The stock traded as high as $143.82 and last traded at $143.54, with a volume of 44579 shares trading hands. The stock had previously closed at $140.28.

Analysts Set New Price Targets

Several brokerages recently issued reports on ESLOY. Royal Bank of Canada upgraded EssilorLuxottica Société anonyme from a “hold” rating to a “moderate buy” rating in a report on Wednesday, January 29th. 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 Stock Up 2.3 %

The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.62 and a current ratio of 0.88. The stock’s 50-day moving average price is $125.78 and its two-hundred day moving average price is $120.48.

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.