Coty Inc. (NYSE:COTY) went up by 4.69% from its latest closing price compared to the recent 1-year high of $11.12. The company’s stock price has collected 12.01% of gains in the last five trading sessions. Barron’s reported on 05/09/22 that Coty Boosts Its Outlook. Thank Consumer Demand for Cosmetics.
Is It Worth Investing in Coty Inc. (NYSE :COTY) Right Now?
Coty Inc. (NYSE:COTY) scored a price-to-earnings ratio above its average ratio, recording 59.44 x from its present earnings ratio. Plus, the 36-month beta value for COTY is at 2.18. Opinions of the stock are interesting as 6 analysts out of 15 who provided ratings for Coty Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 7 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $10.87, which is $3.73 above the current price. COTY currently public float of 357.79M and currently shorts hold a 6.68% ratio of that float. Today, the average trading volume of COTY was 9.00M shares.
COTY’s Market Performance
COTY stocks went up by 12.01% for the week, with a monthly jump of 15.34% and a quarterly performance of -17.00%, while its annual performance rate touched -14.99%. The volatility ratio for the week stands at 5.84% while the volatility levels for the past 30 days are set at 4.85% for Coty Inc. The simple moving average for the period of the last 20 days is 7.04% for COTY stocks with a simple moving average of -14.53% for the last 200 days.
Analysts’ Opinion of COTY
Wells Fargo, on the other hand, stated in their research note that they expect to see COTY reach a price target of $11, previously predicting the price at $8. The rating they have provided for COTY stocks is “Equal Weight” according to the report published on November 17th, 2021.
Raymond James gave a rating of “Outperform” to COTY, setting the target price at $14 in the report published on November 09th of the previous year.
COTY Trading at 0.20% from the 50-Day Moving Average
After a stumble in the market that brought COTY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.72% of loss for the given period.
Volatility was left at 4.85%, however, over the last 30 days, the volatility rate increased by 5.84%, as shares surge +17.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.50% lower at present.
During the last 5 trading sessions, COTY rose by +12.01%, which changed the moving average for the period of 200-days by -23.23% in comparison to the 20-day moving average, which settled at $6.94. In addition, Coty Inc. saw -29.81% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at COTY starting from Goudet Olivier, who purchase 100,000 shares at the price of $6.45 back on May 17. After this action, Goudet Olivier now owns 739,129 shares of Coty Inc., valued at $645,080 using the latest closing price.
Goudet Olivier, the Director of Coty Inc., purchase 50,000 shares at $6.13 during a trade that took place back on May 10, which means that Goudet Olivier is holding 589,129 shares at $306,670 based on the most recent closing price.
Stock Fundamentals for COTY
Equity return is now at value 4.10, with 1.00 for asset returns.