L’Oréal (OTCMKTS:LRLCY) Hits New 12-Month Low – Time to Sell?

Shares of L’Oréal S.A. (OTCMKTS:LRLCY) reached a new 52-week low on Tuesday . The stock traded as low as $69.50 and last traded at $70.03, with a volume of 294172 shares trading hands. The stock had previously closed at $71.62.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on LRLCY shares. DZ Bank downgraded L’Oréal from a “buy” rating to a “hold” rating in a research note on Thursday, October 24th. BNP Paribas downgraded L’Oréal from a “neutral” rating to an “underperform” rating in a research note on Tuesday, September 10th. Jefferies Financial Group upgraded L’Oréal from an “underperform” rating to a “hold” rating in a research note on Wednesday, August 14th. Finally, JPMorgan Chase & Co. lowered shares of L’Oréal from a “neutral” rating to an “underweight” rating in a research report on Wednesday, October 16th. Two analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

L’Oréal Stock Down 0.0 %

The stock has a fifty day moving average price of $80.94 and a 200-day moving average price of $87.57. The company has a quick ratio of 0.73, a current ratio of 1.01 and a debt-to-equity ratio of 0.13.

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.