Short Interest in L OREAL CO/ADR (OTCMKTS:LRLCY) Increases By 51.4%

L OREAL CO/ADR (OTCMKTS:LRLCY) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totalling 38,300 shares, a growth of 51.4% from the August 15th total of 25,300 shares. Based on an average daily volume of 127,100 shares, the short-interest ratio is presently 0.3 days.

A number of equities analysts have issued reports on the stock. Credit Suisse Group reissued an “underperform” rating on shares of L OREAL CO/ADR in a report on Monday, August 3rd. JPMorgan Chase & Co. raised L OREAL CO/ADR from a “neutral” rating to an “overweight” rating in a report on Wednesday, June 24th. Berenberg Bank reissued a “sell” rating on shares of L OREAL CO/ADR in a report on Tuesday, August 4th. Zacks Investment Research cut L OREAL CO/ADR from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Argus lifted their price target on shares of L OREAL CO/ADR from $68.00 to $76.00 and gave the stock a “buy” rating in a research report on Thursday, August 20th. Four equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $74.50.

Shares of OTCMKTS:LRLCY traded up $0.24 during trading on Wednesday, reaching $66.94. 75,448 shares of the company traded hands, compared to its average volume of 110,117. The firm has a fifty day simple moving average of $66.08 and a 200 day simple moving average of $59.37. The firm has a market cap of $187.20 billion, a P/E ratio of 53.55 and a beta of 0.48. L OREAL CO/ADR has a 1-year low of $43.46 and a 1-year high of $68.23. The company has a quick ratio of 1.01, a current ratio of 1.28 and a debt-to-equity ratio of 0.06.

L OREAL CO/ADR Company Profile

L'Oréal SA, through its subsidiaries, manufactures and sells cosmetic products for women and men worldwide. It operates through four divisions: Consumer Products, L'oréal Luxe, Professional Products, and Active Cosmetics. It offers shampoos, hair care products, shower gels, skin care products, cleansers, hair colors, styling products, deodorants, sun care products, make-up, perfumes, etc.

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