EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) Upgraded by Royal Bank of Canada to “Moderate Buy” Rating

Royal Bank of Canada upgraded shares of EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) from a hold rating to a moderate buy rating in a report issued on Wednesday,Zacks.com reports.

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

EssilorLuxottica Société anonyme Stock Performance

ESLOY opened at $137.70 on Wednesday. The business has a 50 day simple moving average of $123.02 and a two-hundred day simple moving average of $118.57. EssilorLuxottica Société anonyme has a one year low of $97.00 and a one year high of $138.63. The company has a quick ratio of 0.62, a current ratio of 0.88 and a debt-to-equity ratio of 0.13.

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.