L'Oreal (OTCMKTS:LRLCY) Stock Crosses Above Fifty Day Moving Average - Time to Sell?

Key Points

• L'Oreal shares have surpassed their 50-day moving average, trading at $94.33 with a high of $94.72 during the recent session.
• Analyst ratings for L'Oreal are mixed, with one Strong Buy, one Buy, four Hold, and two Sell ratings, resulting in an average rating of "Hold".
• The company's financial metrics indicate a debt-to-equity ratio of 0.16 and a current ratio of 1.13, reflecting its financial stability.

L'Oreal SA (OTCMKTS:LRLCY - Get Free Report) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $89.28 and traded as high as $94.72. L'Oreal shares last traded at $94.33, with a volume of 92,577 shares traded.

Analysts Set New Price Targets

Several research analysts recently issued reports on LRLCY shares. Barclays lowered L'Oreal from an "overweight" rating to an "underweight" rating in a research note on Tuesday, July 15th. JPMorgan Chase & Co. raised L'Oreal from an "underweight" rating to a "neutral" rating in a report on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold".

L'Oreal Price Performance

The company's 50 day simple moving average is $89.66 and its 200 day simple moving average is $84.43. The company has a quick ratio of 0.81, a current ratio of 1.13 and a debt-to-equity ratio of 0.16.

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.