EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) Sees Significant Growth in Short Interest

EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 14,800 shares, an increase of 80.5% from the January 31st total of 8,200 shares. Based on an average daily trading volume, of 67,700 shares, the short-interest ratio is currently 0.2 days.

EssilorLuxottica Société anonyme Trading Up 0.8 %

Shares of ESLOY stock opened at $149.44 on Tuesday. The firm has a 50-day moving average of $134.62 and a 200-day moving average of $124.32. The company has a current ratio of 0.88, a quick ratio of 0.62 and a debt-to-equity ratio of 0.13. EssilorLuxottica Société anonyme has a one year low of $103.41 and a one year high of $155.46.

Analysts Set New Price Targets

ESLOY has been the topic of several research reports. UBS Group downgraded shares of EssilorLuxottica Société anonyme from a “buy” rating to a “neutral” rating in a report on Tuesday, December 3rd. Royal Bank of Canada upgraded shares of EssilorLuxottica Société anonyme from a “hold” rating to a “moderate buy” rating in a report on Wednesday, January 29th.

EssilorLuxottica Société anonyme Company Profile

EssilorLuxottica Société anonyme designs, manufactures, and distributes ophthalmic lenses, frames, and sunglasses in Europe, the Middle East, Africa, Latin America, the Asia-Pacific, and North America. It operates through Professional Solutions and Direct to Consumer segments. The company offers lens under the Essilor, Varilux, Crizal, Eyezen, Stellest, Xperio, Transitions, Ray-Ban, Oakley, Barberini, KODAK Lens, Nikon, Shamir, eyexpert, iWear, Humanware, and Optifog brands.