L’Oreal (OTC:LRLCY) Trading Down 2.3% – Here’s Why

L’Oreal SA (OTC:LRLCYGet Free Report) shares traded down 2.3% during trading on Wednesday . The company traded as low as $73.11 and last traded at $73.35. 151,127 shares changed hands during mid-day trading, a decline of 38% from the average session volume of 243,200 shares. The stock had previously closed at $75.11.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein cut L’Oreal from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 9th.

View Our Latest Report on L’Oreal

L’Oreal Stock Down 2.3 %

The company has a quick ratio of 0.73, a current ratio of 1.01 and a debt-to-equity ratio of 0.13. The business’s fifty day moving average price is $74.01.

L’Oreal Company Profile

(Get Free Report)

At L’Or?al, they have made cosmetics the focus of all their energy and know-how for nearly a century. They are fully committed to putting their expertise and research resources to work for the well-being of men and women, in all their diversity, around the world.

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