EssilorLuxottica (OTCMKTS:ESLOY) Downgraded by Zacks Research to “Hold”

Zacks Research lowered shares of EssilorLuxottica (OTCMKTS:ESLOY) from a strong-buy rating to a hold rating in a research note published on Tuesday,Zacks.com reports.

A number of other equities analysts also recently commented on the stock. Barclays assumed coverage on shares of EssilorLuxottica in a research note on Tuesday, September 9th. They set an “overweight” rating on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of EssilorLuxottica in a research report on Tuesday, October 28th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

EssilorLuxottica Trading Up 0.8%

Shares of OTCMKTS ESLOY traded up $1.45 during trading on Tuesday, hitting $180.13. 19,185 shares of the company were exchanged, compared to its average volume of 44,142. The company has a fifty day moving average price of $171.34 and a 200-day moving average price of $154.51. The company has a quick ratio of 0.67, a current ratio of 0.97 and a debt-to-equity ratio of 0.18. EssilorLuxottica has a 12-month low of $118.18 and a 12-month high of $186.81.

About EssilorLuxottica

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.