L’Oréal S.A. (OTCMKTS:LRLCY) Short Interest Down 15.1% in January

L’Oréal S.A. (OTCMKTS:LRLCY) was the target of a large drop in short interest in January. As of January 15th, there was short interest totalling 83,700 shares, a drop of 15.1% from the December 31st total of 98,600 shares. Based on an average daily trading volume, of 480,500 shares, the short-interest ratio is currently 0.2 days.

L’Oréal Stock Down 2.8 %

OTCMKTS:LRLCY traded down $2.15 during mid-day trading on Friday, reaching $73.88. The company’s stock had a trading volume of 258,896 shares, compared to its average volume of 279,315. The company has a quick ratio of 0.73, a current ratio of 1.01 and a debt-to-equity ratio of 0.13. The stock has a fifty day moving average of $70.91 and a 200-day moving average of $78.15. L’Oréal has a 1 year low of $66.64 and a 1 year high of $99.71.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on LRLCY shares. DZ Bank cut L’Oréal from a “buy” rating to a “hold” rating in a research note on Thursday, October 24th. JPMorgan Chase & Co. lowered L’Oréal from a “neutral” rating to an “underweight” rating in a report on Wednesday, October 16th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold”.

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.