L’Oréal (OTCMKTS:LRLCY) Hits New 12-Month Low – What’s Next?

L’Oréal S.A. (OTCMKTS:LRLCY)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $69.50 and last traded at $70.03, with a volume of 294172 shares traded. The stock had previously closed at $71.62.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on LRLCY shares. JPMorgan Chase & Co. cut L’Oréal from a “neutral” rating to an “underweight” rating in a research note on Wednesday, October 16th. DZ Bank downgraded L’Oréal from a “buy” rating to a “hold” rating in a research note on Thursday, October 24th. Jefferies Financial Group upgraded L’Oréal from an “underperform” rating to a “hold” rating in a research note on Wednesday, August 14th. Finally, BNP Paribas cut shares of L’Oréal from a “neutral” rating to an “underperform” rating in a research report on Tuesday, September 10th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

L’Oréal Price Performance

The company has a debt-to-equity ratio of 0.13, a current ratio of 1.01 and a quick ratio of 0.73. The firm has a 50-day moving average price of $80.94 and a 200-day moving average price of $87.57.

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.