EssilorLuxottica (OTCMKTS:ESLOY) Stock Price Up 0.3% - Should You Buy?

Key Points

• EssilorLuxottica (OTCMKTS:ESLOY) stock increased by 0.3%, closing at $184.16 with a notable trading volume surge of 156% from its average daily volume.
• Multiple analysts have issued ratings on the stock, with Barclays assigning an "overweight" rating and Zacks upgrading it from "strong sell" to "hold", contributing to an average rating of "Hold."
• The company's debt-to-equity ratio stands at 0.18, indicating a relatively low level of debt compared to its equity.

EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY - Get Free Report) shares rose 0.3% during mid-day trading on Tuesday . The company traded as high as $184.50 and last traded at $184.16. Approximately 149,269 shares were traded during trading, an increase of 156% from the average daily volume of 58,292 shares. The stock had previously closed at $183.67.

Wall Street Analysts Forecast Growth

ESLOY has been the subject of a number of analyst reports. Barclays assumed coverage on EssilorLuxottica in a research report on Tuesday, September 9th. They set an "overweight" rating for the company. Zacks Research upgraded EssilorLuxottica from a "strong sell" rating to a "hold" rating in a report on Wednesday, September 10th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, EssilorLuxottica has an average rating of "Hold".

EssilorLuxottica Stock Up 0.3%

The stock has a fifty day simple moving average of $159.65 and a two-hundred day simple moving average of $148.22. The company has a quick ratio of 0.67, a current ratio of 0.97 and a debt-to-equity ratio of 0.18.

EssilorLuxottica Company Profile

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.

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