EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) Shares Down 0.5% – Here’s What Happened

EssilorLuxottica Société anonyme (OTCMKTS:ESLOY)’s share price dropped 0.5% on Wednesday . The stock traded as low as $120.46 and last traded at $120.67. Approximately 30,527 shares changed hands during mid-day trading, a decline of 22% from the average daily volume of 38,973 shares. The stock had previously closed at $121.31.

Wall Street Analyst Weigh In

Separately, UBS Group cut EssilorLuxottica Société anonyme from a “buy” rating to a “neutral” rating in a research report on Tuesday, December 3rd.

EssilorLuxottica Société anonyme Trading Down 0.5 %

The business’s 50-day moving average price is $120.80 and its 200-day moving average price is $116.30.

About EssilorLuxottica Société anonyme

EssilorLuxottica Société anonyme designs, manufactures, and distributes ophthalmic lenses, frames, and sunglasses in Europe, the Middle East, Africa, Latin America, the Asia-Pacific, and North America. It operates through Professional Solutions and Direct to Consumer segments. The company offers lens under the Essilor, Varilux, Crizal, Eyezen, Stellest, Xperio, Transitions, Ray-Ban, Oakley, Barberini, KODAK Lens, Nikon, Shamir, eyexpert, iWear, Humanware, and Optifog brands.