EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) Share Price Crosses Below 50 Day Moving Average – Time to Sell?

EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $144.15 and traded as low as $143.42. EssilorLuxottica Société anonyme shares last traded at $144.06, with a volume of 18,488 shares traded.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on ESLOY shares. UBS Group cut EssilorLuxottica Société anonyme from a “buy” rating to a “neutral” rating in a report on Tuesday, December 3rd. Royal Bank of Canada raised shares of EssilorLuxottica Société anonyme from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, January 29th.

EssilorLuxottica Société anonyme Price Performance

The stock’s 50 day moving average is $144.15 and its two-hundred day moving average is $127.94. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.88 and a quick ratio of 0.62.

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.