L'Oreal (OTCMKTS:LRLCY) Shares Cross Below 50-Day Moving Average - Time to Sell?

Key Points

• L'Oreal's shares have fallen below their 50-day moving average of $89.81, trading as low as $86.31 recently.
• The stock has received mixed ratings from analysts, with one upgrading it to neutral and others downgrading their ratings, leading to a current consensus of a "Hold."
• L'Oreal maintains a debt-to-equity ratio of 0.16 and a current ratio of 1.13, indicating a stable financial structure.

Shares of L'Oreal SA (OTCMKTS:LRLCY - Get Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $89.81 and traded as low as $86.31. L'Oreal shares last traded at $86.87, with a volume of 84,632 shares traded.

Wall Street Analyst Weigh In

LRLCY has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. upgraded L'Oreal from an "underweight" rating to a "neutral" rating in a research report on Thursday, July 31st. Jefferies Financial Group lowered L'Oreal from a "hold" rating to an "underperform" rating in a research report on Tuesday. Finally, Barclays lowered L'Oreal from an "overweight" rating to an "underweight" rating in a research report on Tuesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold".

L'Oreal Price Performance

The company has a debt-to-equity ratio of 0.16, a current ratio of 1.13 and a quick ratio of 0.81. The business has a 50 day moving average price of $89.81 and a two-hundred day moving average price of $85.06.

About L'Oreal

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.

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