L’Oreal (OTCMKTS:LRLCY) Shares Gap Up – What’s Next?

L’Oreal SA (OTCMKTS:LRLCY) shares gapped up before the market opened on Tuesday . The stock had previously closed at $89.06, but opened at $92.54. L’Oreal shares last traded at $92.06, with a volume of 30,898 shares.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Erste Group Bank downgraded L’Oreal from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. Zacks Research raised shares of L’Oreal from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 20th. Jefferies Financial Group reiterated an “underperform” rating on shares of L’Oreal in a research report on Tuesday, October 21st. Royal Bank Of Canada restated an “outperform” rating on shares of L’Oreal in a research report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft upgraded L’Oreal to a “hold” rating in a report on Monday, January 12th. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

L’Oreal Stock Up 4.1%

The company has a debt-to-equity ratio of 0.15, a current ratio of 1.19 and a quick ratio of 0.90. The business’s 50-day moving average price is $88.92 and its two-hundred day moving average price is $88.17.

L’Oreal Company Profile

L’Oréal SA is a global beauty and personal care company, founded in 1909 by Eugène Schueller and headquartered in Clichy, France. The company develops, manufactures and markets a broad range of consumer and professional products across cosmetics, skin care, hair care, hair color, and fragrances. L’Oréal serves customers around the world through a combination of direct retail, salons, pharmacies, department stores and e-commerce, operating in numerous countries across Europe, the Americas, Asia-Pacific, Africa and the Middle East.

Operations are organized around several business divisions that target distinct channels and consumer segments, including Consumer Products, L’Oréal Luxe, Professional Products and Active Cosmetics.