L'Oreal (OTCMKTS:LRLCY) Shares Cross Below Fifty Day Moving Average - What's Next?

Shares of L'Oreal SA (OTCMKTS:LRLCY - Get Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $84.55 and traded as low as $84.28. L'Oreal shares last traded at $84.31, with a volume of 98,405 shares.

Analysts Set New Price Targets

LRLCY has been the topic of a number of research analyst reports. Royal Bank Of Canada upgraded L'Oreal from a "sector perform" rating to an "outperform" rating in a report on Friday, March 21st. Berenberg Bank cut L'Oreal from a "buy" rating to a "hold" rating in a report on Tuesday, March 25th. Two analysts have rated the stock with a sell rating, three have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, L'Oreal has an average rating of "Hold".

L'Oreal Stock Down 1.4%

The business has a 50 day simple moving average of $84.85 and a two-hundred day simple moving average of $77.23. The company has a current ratio of 1.13, a quick ratio of 0.81 and a debt-to-equity ratio of 0.16.

L'Oreal Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, May 29th. Investors of record on Monday, May 5th were issued a $1.2082 dividend. This represents a dividend yield of 1.39%. The ex-dividend date was Friday, May 2nd.

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.