L’Oréal (OTCMKTS:LRLCY) Stock Passes Below Fifty Day Moving Average of $94.91

L’Oréal S.A. (OTCMKTS:LRLCYGet Free Report) shares crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $94.91 and traded as low as $86.89. L’Oréal shares last traded at $87.65, with a volume of 70,657 shares.

Analysts Set New Price Targets

Separately, Royal Bank of Canada raised shares of L’Oréal from an “underperform” rating to a “sector perform” rating in a report on Wednesday, July 3rd. One analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. According to MarketBeat, L’Oréal presently has a consensus rating of “Hold”.

Check Out Our Latest Analysis on LRLCY

L’Oréal Trading Up 1.4 %

The business has a fifty day moving average of $94.91 and a 200-day moving average of $94.88. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.10 and a quick ratio of 0.79.

About L’Oréal

(Get Free Report)

L'Oréal SA, through its subsidiaries, manufactures and sells cosmetic products for women and men worldwide. The company operates through four divisions: Consumer Products, L'oréal Luxe, Professional Products, and Dermatological Beauty. It offers skincare, make-up, hair colourants, haircare, perfumes, and hygiene products.

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