L'Oreal (OTCMKTS:LRLCY) Shares Gap Down - Time to Sell?

L'Oreal SA (OTCMKTS:LRLCY - Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $83.05, but opened at $80.80. L'Oreal shares last traded at $81.61, with a volume of 5,591 shares changing hands.

Analyst Ratings Changes

A number of research firms recently weighed in on LRLCY. Berenberg Bank downgraded shares of L'Oreal from a "buy" rating to a "hold" rating in a research report on Tuesday, March 25th. Royal Bank Of Canada raised shares of L'Oreal from a "sector perform" rating to an "outperform" rating in a research report on Friday, March 21st. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold".

L'Oreal Stock Up 1.5%

The business's 50-day moving average price is $85.33 and its 200 day moving average price is $77.63. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.13 and a quick ratio of 0.81.

L'Oreal Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, May 29th. Stockholders of record on Monday, May 5th were given a $1.2082 dividend. This represents a dividend yield of 1.39%. The ex-dividend date of this dividend was Friday, May 2nd.

L'Oreal Company Profile

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.