L’Oréal (OTCMKTS:LRLCY) Reaches New 52-Week Low – Time to Sell?

L’Oréal S.A. (OTCMKTS:LRLCY)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $67.10 and last traded at $68.17, with a volume of 186244 shares. The stock had previously closed at $69.21.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. JPMorgan Chase & Co. lowered shares of L’Oréal from a “neutral” rating to an “underweight” rating in a research report on Wednesday, October 16th. DZ Bank downgraded shares of L’Oréal from a “buy” rating to a “hold” rating in a report on Thursday, October 24th. Finally, BNP Paribas cut shares of L’Oréal from a “neutral” rating to an “underperform” rating in a report on Tuesday, September 10th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, L’Oréal currently has an average rating of “Hold”.

L’Oréal Price Performance

The company has a debt-to-equity ratio of 0.13, a current ratio of 1.01 and a quick ratio of 0.73. The business has a 50-day moving average price of $70.86 and a two-hundred day moving average price of $80.25.

About L’Oréal

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.