Coty (COTY) : Traders are bullish on Coty (COTY) as it has outperformed the S&P 500 by a wide margin of 3.89% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.76%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.81% in the last 1 week, and is up 4.96% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 7.16% and the 50-Day Moving Average is 9.26%. Coty (NYSE:COTY): stock turned positive on Friday. Though the stock opened at $29, the bulls momentum made the stock top out at $29.59 level for the day. The stock recorded a low of $28.74 and closed the trading day at $28.97, in the green by 0.07%. The total traded volume for the day was 1,561,456. The stock had closed at $28.95 in the previous days trading.
The company Insiders own 12.4% of Coty shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 10.51% . Institutional Investors own 16.53% of Coty shares. During last six month period, the net percent change held by insiders has seen a change of 10.51%.
Coty Inc. is a beauty company. The Company manufactures and markets beauty products in the Fragrances, Color Cosmetics and Skin & Body Care segments with distribution in over 130 countries and territories across both prestige and mass markets. Fragrances products include a variety of mens and womens products and include fashion designer, celebrity and lifestyle brands. Color Cosmetics products include nail and other color cosmetics, consisting of lip, eye and other facial color products. Skin & Body Care products include shower gels, deodorants, skin care and sun treatment products. The Companys top 10 brands include adidas, Calvin Klein, Chloe, Davidoff, Marc Jacobs, OPI, philosophy, Playboy, Rimmel and Sally Hansen.