EssilorLuxottica (OTCMKTS:ESLOY) Upgraded to “Hold” at Zacks Research

EssilorLuxottica (OTCMKTS:ESLOY) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

ESLOY has been the topic of a number of other research reports. The Goldman Sachs Group lowered EssilorLuxottica from a “buy” rating to a “hold” rating in a report on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft began coverage on shares of EssilorLuxottica in a research report on Tuesday, May 12th. They issued a “hold” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

EssilorLuxottica Trading Up 0.5%

Shares of ESLOY stock opened at $95.41 on Tuesday. EssilorLuxottica has a 52-week low of $91.44 and a 52-week high of $186.81. The stock’s 50-day moving average price is $97.25 and its 200 day moving average price is $111.34. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.70 and a current ratio of 0.99.

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.