EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) Sees Significant Drop in Short Interest

EssilorLuxottica Unsponsored ADR (OTCMKTS:ESLOY) was the recipient of a large decline in short interest in February. As of February 13th, there was short interest totaling 11,183 shares, a decline of 81.4% from the January 29th total of 60,082 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 171,058 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 171,058 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

EssilorLuxottica Trading Up 1.1%

Shares of OTCMKTS ESLOY traded up $1.53 during midday trading on Wednesday, reaching $139.87. 49,358 shares of the stock were exchanged, compared to its average volume of 123,126. EssilorLuxottica has a 52-week low of $126.47 and a 52-week high of $186.81. The stock has a 50 day moving average price of $155.07 and a 200-day moving average price of $163.26. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.67 and a current ratio of 0.97.

Analyst Ratings Changes

A number of equities analysts have issued reports on ESLOY shares. Royal Bank Of Canada reiterated an “outperform” rating on shares of EssilorLuxottica in a research report on Tuesday, October 28th. Citigroup reiterated a “buy” rating on shares of EssilorLuxottica in a report on Thursday, December 11th. UBS Group upgraded shares of EssilorLuxottica from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 27th. Zacks Research downgraded shares of EssilorLuxottica from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Finally, Kepler Capital Markets raised EssilorLuxottica from a “hold” rating to a “buy” rating in a research report on Thursday, January 15th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy”.

About EssilorLuxottica

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.