EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) Given Average Recommendation of “Buy” by Analysts

EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) has been assigned a consensus recommendation of “Buy” from the nine ratings firms that are currently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and two have given a strong buy recommendation to the company.

Separately, Deutsche Bank Aktiengesellschaft assumed coverage on EssilorLuxottica in a research report on Tuesday, May 12th. They set a “hold” rating on the stock.

EssilorLuxottica Stock Performance

ESLOY opened at $99.31 on Friday. EssilorLuxottica has a one year low of $96.56 and a one year high of $186.81. The company has a current ratio of 0.99, a quick ratio of 0.70 and a debt-to-equity ratio of 0.17. The business’s 50-day simple moving average is $107.94 and its 200-day simple moving average is $136.89.

EssilorLuxottica Company Profile

EssilorLuxottica SE is a global ophthalmic optics company formed through the 2018 merger of France-based Essilor and Italy-based Luxottica. Headquartered near Paris, the company combines lens manufacturing, frame design and production, brand management and retail operations to provide a vertically integrated offering across the vision care value chain. Its activities span product research and development, manufacturing, wholesale distribution and retailing of spectacles, sunglasses and ophthalmic lenses.

The company’s product portfolio includes prescription and non-prescription lenses, lens coatings and treatments, and an array of eyewear brands and frames.