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EssilorLuxottica (OTCMKTS:ESLOY) Sets New 1-Year Low - What's Next?

EssilorLuxottica logo with Medical background
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Key Points

  • New 52-week low: ESLOY traded as low as $118.51 (last $118.8610) on Monday with ~24,591 shares changing hands, and it sits well below its 50-day ($150.36) and 200-day ($161.94) moving averages, signaling a near-term downtrend.
  • Analyst sentiment remains positive with an average rating of "Buy" — two Strong Buy, five Buy and one Hold — and recent upgrades from Kepler and UBS despite the stock's decline.
  • Fundamentals show low leverage (debt-to-equity 0.18) but tighter liquidity metrics (current ratio 0.97, quick ratio 0.67), which could be a short-term concern for cash cover.
  • Five stocks to consider instead of EssilorLuxottica.

EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY - Get Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $118.51 and last traded at $118.8610, with a volume of 24591 shares trading hands. The stock had previously closed at $123.37.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on ESLOY shares. Kepler Capital Markets upgraded EssilorLuxottica from a "hold" rating to a "buy" rating in a report on Thursday, January 15th. The Goldman Sachs Group restated a "buy" rating on shares of EssilorLuxottica in a research note on Friday, December 5th. Citigroup reaffirmed a "buy" rating on shares of EssilorLuxottica in a report on Thursday, December 11th. UBS Group raised shares of EssilorLuxottica from a "hold" rating to a "strong-buy" rating in a report on Thursday, November 27th. Finally, Zacks Research downgraded shares of EssilorLuxottica from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, November 18th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Buy".

Read Our Latest Stock Analysis on ESLOY

EssilorLuxottica Stock Performance

The company has a debt-to-equity ratio of 0.18, a current ratio of 0.97 and a quick ratio of 0.67. The firm has a fifty day moving average of $150.36 and a 200-day moving average of $161.94.

EssilorLuxottica Company Profile

(Get Free Report)

EssilorLuxottica SE is a global ophthalmic optics company formed through the 2018 merger of France-based Essilor and Italy-based Luxottica. Headquartered near Paris, the company combines lens manufacturing, frame design and production, brand management and retail operations to provide a vertically integrated offering across the vision care value chain. Its activities span product research and development, manufacturing, wholesale distribution and retailing of spectacles, sunglasses and ophthalmic lenses.

The company's product portfolio includes prescription and non-prescription lenses, lens coatings and treatments, and an array of eyewear brands and frames.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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