EssilorLuxottica (OTCMKTS:ESLOY) Sees Strong Trading Volume – Should You Buy?

EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOYGet Free Report) saw unusually-strong trading volume on Friday . Approximately 134,416 shares traded hands during mid-day trading, an increase of 221% from the previous session’s volume of 41,828 shares.The stock last traded at $166.19 and had previously closed at $164.51.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on ESLOY shares. Zacks Research raised EssilorLuxottica from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 10th. Barclays began coverage on EssilorLuxottica in a report on Tuesday, September 9th. They set an “overweight” rating for the company. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, EssilorLuxottica has an average rating of “Hold”.

View Our Latest Stock Analysis on EssilorLuxottica

EssilorLuxottica Price Performance

The business has a 50-day simple moving average of $155.05 and a 200-day simple moving average of $146.25.

About EssilorLuxottica

(Get Free Report)

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.

Further Reading

Receive News & Ratings for EssilorLuxottica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EssilorLuxottica and related companies with MarketBeat.com's FREE daily email newsletter.