EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) Short Interest Update

EssilorLuxottica Société anonyme (OTCMKTS:ESLOY – Get Rating) was the target of a large increase in short interest in April. As of April 30th, there was short interest totalling 12,500 shares, an increase of 160.4% from the April 15th total of 4,800 shares. Based on an average trading volume of 82,000 shares, the short-interest ratio is currently 0.2 days.

Shares of ESLOY stock opened at $75.18 on Friday. The company has a quick ratio of 0.76, a current ratio of 1.03 and a debt-to-equity ratio of 0.25. The company has a 50-day simple moving average of $87.46 and a 200 day simple moving average of $95.96. EssilorLuxottica Société anonyme has a 52 week low of $73.48 and a 52 week high of $110.11.

A number of analysts have weighed in on ESLOY shares. Zacks Investment Research raised EssilorLuxottica Société anonyme from a “strong sell” rating to a “hold” rating in a research report on Wednesday. UBS Group upped their price objective on shares of EssilorLuxottica Société anonyme from €185.00 ($194.74) to €189.00 ($198.95) and gave the company a “buy” rating in a research report on Monday, April 4th. Societe Generale raised EssilorLuxottica Société anonyme from a “sell” rating to a “hold” rating in a research report on Monday, March 14th. Morgan Stanley cut their price target on shares of EssilorLuxottica Société anonyme from €195.00 ($205.26) to €190.00 ($200.00) in a research note on Monday, March 14th. Finally, HSBC raised shares of EssilorLuxottica Société anonyme from a “hold” rating to a “buy” rating in a report on Monday, March 21st. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $144.83.

About EssilorLuxottica Société anonyme (Get Rating)

EssilorLuxottica Société anonyme designs, manufactures, and distributes ophthalmic lenses, frames, and sunglasses in North America, Europe, Latin America, Asia, Oceania, and Africa. It operates in five segments: Wholesale, Retail, Lenses and Optical Instruments, Equipment, and Sunglasses and Readers.

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