EssilorLuxottica Société anonyme (OTCMKTS:ESLOY) Reaches New 12-Month High – Here’s Why

EssilorLuxottica Société anonyme (OTCMKTS:ESLOY)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $132.63 and last traded at $131.58, with a volume of 28412 shares changing hands. The stock had previously closed at $130.68.

Analysts Set New Price Targets

Separately, UBS Group lowered EssilorLuxottica Société anonyme from a “buy” rating to a “neutral” rating in a research note on Tuesday, December 3rd.

EssilorLuxottica Société anonyme Price Performance

The company has a current ratio of 0.88, a quick ratio of 0.62 and a debt-to-equity ratio of 0.13. The business’s fifty day moving average is $121.49 and its two-hundred day moving average is $117.53.

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.