L’Oréal S.A. (OTCMKTS:LRLCY) Short Interest Update

L’Oréal S.A. (OTCMKTS:LRLCY) saw a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 21,300 shares, a growth of 90.2% from the March 15th total of 11,200 shares. Based on an average trading volume of 158,900 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank raised L’Oréal from a “hold” rating to a “buy” rating in a research report on Tuesday, February 27th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

L’Oréal Price Performance

L’Oréal stock opened at $90.30 on Friday. L’Oréal has a one year low of $77.11 and a one year high of $100.28. The business has a fifty day moving average price of $94.90 and a 200-day moving average price of $92.34. The company has a quick ratio of 0.79, a current ratio of 1.10 and a debt-to-equity ratio of 0.16.

L’Oréal Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, May 21st. Investors of record on Thursday, April 25th will be paid a dividend of $1.4219 per share. This is a positive change from L’Oréal’s previous dividend of $1.03. The ex-dividend date of this dividend is Wednesday, April 24th.

L’Oréal Company Profile

L'Oréal SA, through its subsidiaries, manufactures and sells cosmetic products for women and men worldwide. The company operates through four divisions: Consumer Products, L'oréal Luxe, Professional Products, and Dermatological Beauty. It offers skincare, make-up, hair colourants, haircare, perfumes, and hygiene products.