EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) Sets New 52-Week High – Here’s Why

EssilorLuxottica Société anonyme (OTCMKTS:ESLOY)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $132.63 and last traded at $131.58, with a volume of 28412 shares. The stock had previously closed at $130.68.

Analyst Upgrades and Downgrades

Separately, UBS Group lowered shares of EssilorLuxottica Société anonyme from a “buy” rating to a “neutral” rating in a research note on Tuesday, December 3rd.

EssilorLuxottica Société anonyme Price Performance

The company has a debt-to-equity ratio of 0.13, a current ratio of 0.88 and a quick ratio of 0.62. The business’s 50-day simple moving average is $121.98 and its 200-day simple moving average is $117.74.

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.