Short Interest in EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) Expands By 89.8%

EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 11,200 shares, an increase of 89.8% from the February 28th total of 5,900 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 61,100 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on ESLOY shares. UBS Group lowered EssilorLuxottica Société anonyme from a “buy” rating to a “neutral” rating in a research report on Tuesday, December 3rd. Royal Bank of Canada upgraded EssilorLuxottica Société anonyme from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, January 29th.

EssilorLuxottica Société anonyme Stock Down 1.0 %

ESLOY stock traded down $1.51 during mid-day trading on Friday, hitting $144.06. 18,488 shares of the company were exchanged, compared to its average volume of 35,132. The firm has a fifty day simple moving average of $144.15 and a 200 day simple moving average of $128.02. EssilorLuxottica Société anonyme has a twelve month low of $103.41 and a twelve month high of $155.46. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.88 and a quick ratio of 0.62.

About EssilorLuxottica Société anonyme

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.