L’Oreal SA (OTCMKTS:LRLCY) Stock Short Interest Report for October

L’Oreal SA (OTCMKTS:LRLCY) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 48,941 shares, a decrease of 45.4% from the September 30th total of 89,563 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 264,525 shares, the days-to-cover ratio is currently 0.2 days.

L’Oreal Stock Up 2.3%

LRLCY stock traded up $2.20 during trading on Friday, hitting $97.02. The company had a trading volume of 117,944 shares, compared to its average volume of 186,861. The business has a 50-day moving average of $89.06 and a 200-day moving average of $87.61. L’Oreal has a one year low of $78.82 and a one year high of $99.28. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.70 and a current ratio of 0.97.

Analyst Upgrades and Downgrades

LRLCY has been the subject of a number of analyst reports. BNP Paribas Exane upgraded shares of L’Oreal from a “neutral” rating to an “outperform” rating in a report on Wednesday, September 2nd. Jefferies Financial Group upgraded shares of L’Oreal from an “underperform” rating to a “hold” rating in a research note on Wednesday, August 5th. Citigroup restated a “buy” rating on shares of L’Oreal in a report on Friday, October 23rd. Finally, Argus set a $100.00 price target on L’Oreal in a research report on Tuesday, August 18th. Eight investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $100.00.

About L’Oreal

L’Oréal SA is a France-based beauty and personal care company whose shares trade in the United States under the symbol LRLCY. Founded in 1909 by chemist Eugène Schueller, the company has grown into a global provider of cosmetics, skincare, haircare, hair color, fragrances and professional beauty products. Its headquarters are in Clichy, France.

L’Oréal operates through four principal divisions: Professional Products, Consumer Products, L’Oréal Luxe and Dermatological Beauty. Its portfolio includes brands such as L’Oréal Paris, Garnier, Maybelline New York, Lancôme, Yves Saint Laurent Beauty, Kiehl’s, Redken, La Roche-Posay, Vichy and CeraVe.