Coty Inc (COTY) concluded trading on Wednesday at a closing price of $9.09, with 2.92 million shares of worth about $26.53 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -16.53% during that period and on October 02, 2024 the price saw a loss of about -0.87%. Currently the company’s common shares owned by public are about 867.80M shares, out of which, 365.04M shares are available for trading.
Stock saw a price change of 0.78% in past 5 days and over the past one month there was a price change of -3.71%. Year-to-date (YTD), COTY shares are showing a performance of -26.81% which decreased to -15.36% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $8.66 but also hit the highest price of $13.30 during that period. The average intraday trading volume for Coty Inc shares is 3.89 million. The stock is currently trading -1.09% below its 20-day simple moving average (SMA20), while that difference is down -3.27% for SMA50 and it goes to -16.46% lower than SMA200.
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Coty Inc (NYSE: COTY) currently have 867.80M outstanding shares and institutions hold larger chunk of about 40.32% of that.
The stock has a current market capitalization of $7.89B and its 3Y-monthly beta is at 1.89. PE ratio of stock for trailing 12 months is 120.24, while it has posted earnings per share of $0.08 in the same period. Its PEG reads 15.82 and has Quick Ratio of 0.46 while making debt-to-equity ratio of 1.11. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for COTY, volatility over the week remained 2.98% while standing at 2.66% over the month.
Stock’s fiscal year EPS is expected to rise by 52.05% while it is estimated to increase by 18.70% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on April 16, 2024 offering a Neutral rating for the stock and assigned a target price range of between $13 and $12 to it. Coverage by Canaccord Genuity stated Coty Inc (COTY) stock as a Buy in their note to investors on April 15, 2024, suggesting a price target of $14 for the stock. On February 22, 2024, TD Cowen Upgrade their recommendations, while on October 17, 2023, TD Cowen Initiated their ratings for the stock with a price target of $11. Stock get a Hold rating from Kepler on October 10, 2023.
