L’Oreal SA (OTCMKTS:LRLCY) Short Interest Update

L’Oreal SA (OTCMKTS:LRLCY) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 157,130 shares, a growth of 129.3% from the April 30th total of 68,528 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 425,177 shares, the days-to-cover ratio is currently 0.4 days.

Analyst Upgrades and Downgrades

LRLCY has been the topic of a number of recent research reports. BNP Paribas Exane upgraded shares of L’Oreal from an “underperform” rating to a “neutral” rating in a report on Tuesday, May 5th. HSBC upgraded shares of L’Oreal to a “buy” rating in a report on Tuesday, February 17th. Berenberg Bank upgraded shares of L’Oreal from a “hold” rating to a “buy” rating in a report on Thursday. Zacks Research downgraded shares of L’Oreal from a “strong-buy” rating to a “hold” rating in a report on Friday, March 6th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of L’Oreal in a report on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

L’Oreal Stock Performance

LRLCY traded down $0.83 during trading on Friday, hitting $89.32. The stock had a trading volume of 229,711 shares, compared to its average volume of 207,690. L’Oreal has a 12 month low of $78.82 and a 12 month high of $95.48. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.15 and a current ratio of 1.44. The company has a 50 day simple moving average of $83.93 and a 200-day simple moving average of $86.34.

About L’Oreal

L’Oréal SA is a global beauty and personal care company, founded in 1909 by Eugène Schueller and headquartered in Clichy, France. The company develops, manufactures and markets a broad range of consumer and professional products across cosmetics, skin care, hair care, hair color, and fragrances. L’Oréal serves customers around the world through a combination of direct retail, salons, pharmacies, department stores and e-commerce, operating in numerous countries across Europe, the Americas, Asia-Pacific, Africa and the Middle East.

Operations are organized around several business divisions that target distinct channels and consumer segments, including Consumer Products, L’Oréal Luxe, Professional Products and Active Cosmetics.