Is Coty Inc (NYSE: COTY) Still On Fire This Week?

Coty Inc (NYSE:COTY) price is hovering higher on Tuesday, April 16, jumping 2.40% above its previous close.

A look at today’s price movement shows that the recent level at last check reads $10.50. The company’s P/E ratio in the trailing 12-month period read 31.06. Taking into account the 52-week price action we note that the stock hit a 52-week high of $13.46 and 52-week low of $9.02. The stock subtracted -12.86% on its value in the past month.

Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give COTY a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 25% Buy, while an average of long term indicators are currently assigning the stock as 50% Sell.

If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 1.70. The overview shows that COTY’s price is at present -6.07% off the SMA20 and -10.56% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 35.15, with weekly volatility standing at 3.00%. The indicator jumps to 2.81% when calculated based on the past 30 days. Coty Inc (NYSE:COTY)’s beta value is holding at 1.86, while the average true range (ATR) indicator is currently reading 0.35.

An analysis of the Coty Inc (NYSE:COTY) stock in terms of its daily trading volume indicates that the 3-month average is 3.84 million.

Current records show that the company has 852.80M in outstanding shares. The insiders’ percentage holdings are 56.06% of outstanding shares while the percentage share held by institutions stands at 43.65%. But the -13.43% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.

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