EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) Receives Average Recommendation of “Buy” from Brokerages

Shares of EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) have been given an average rating of “Buy” by the nine ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, five have issued a buy rating and two have given a strong buy rating to the company.

Separately, Deutsche Bank Aktiengesellschaft assumed coverage on shares of EssilorLuxottica in a report on Tuesday, May 12th. They issued a “hold” rating for the company.

EssilorLuxottica Price Performance

Shares of OTCMKTS:ESLOY opened at $105.45 on Friday. EssilorLuxottica has a 52 week low of $96.56 and a 52 week high of $186.81. The firm has a fifty day simple moving average of $107.01 and a two-hundred day simple moving average of $134.23. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.99 and a quick ratio of 0.70.

EssilorLuxottica Company Profile

EssilorLuxottica SE is a global ophthalmic optics company formed through the 2018 merger of France-based Essilor and Italy-based Luxottica. Headquartered near Paris, the company combines lens manufacturing, frame design and production, brand management and retail operations to provide a vertically integrated offering across the vision care value chain. Its activities span product research and development, manufacturing, wholesale distribution and retailing of spectacles, sunglasses and ophthalmic lenses.

The company’s product portfolio includes prescription and non-prescription lenses, lens coatings and treatments, and an array of eyewear brands and frames.