Avon Products (AVP) has been under a strong bear grip, hence the stock is down -2.76% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.29% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.82% in the last 1 week, and is up 1.49% 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 3.86% and the 50-Day Moving Average is 1.93%.
Avon Products (NYSE:AVP): The stock was completely flat for the day, closing at $4.08 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $4.11, the stock touched an intraday high of $4.13 and a low of $4.03. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $4.08. The total trading volume on Friday was 3,154,813.
The company Insiders own 0.8% of Avon Products shares according to the proxy statements. Institutional Investors own 87.03% of Avon Products shares. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Senior Vice President) of Avon Products Inc, Munoz Pablo, had purchased 10,000 shares in a transaction dated on May 5, 2015. The transaction was executed at $7.25 per share with total amount equaling $72,500.
Avon Products, Inc. is a manufacturer and marketer of beauty and related products. The Companys offers its products under two product categories: Beauty and Fashion & Home. Beauty consists of skincare (which includes personal care), fragrance and color (cosmetics). Fashion & Home consists of fashion jewelry, watches, apparel, footwear, accessories, gift and decorative products, housewares, entertainment and leisure products, childrens products and nutritional products. The Companys segments are -based on geographic operations and include commercial business units in Latin America; Europe, Middle East & Africa; North America, and Asia Pacific. The Companys business is conducted primarily in one channel, direct selling. The Company has sales operations in 60 countries and territories, including the United States, and distributed its products in 41 other countries and territories.