$4.61M in average volume shows that Coty Inc (COTY) is heading in the right direction

A new trading day began on Friday, with Coty Inc (NYSE: COTY) stock price up 0.54% from the previous day of trading, before settling in for the closing price of $7.44. COTY’s price has ranged from $7.34 to $13.30 over the past 52 weeks.

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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 0.52%. Meanwhile, its annual earnings per share averaged 50.18%. With a float of $364.37 million, this company’s outstanding shares have now reached $867.80 million.

Let’s determine the extent of company efficiency that accounts for 11791 employees. In terms of profitability, gross margin is 63.61%, operating margin of 8.96%, and the pretax margin is 3.34%.

Coty Inc (COTY) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Household & Personal Products Industry. The insider ownership of Coty Inc is 58.01%, while institutional ownership is 40.20%. The most recent insider transaction that took place on Mar 04 ’24, was worth 1,130,058. In this transaction Director of this company sold 90,000 shares at a rate of $12.56, taking the stock ownership to the 169,982 shares. Before that another transaction happened on Mar 06 ’24, when Company’s Director sold 30,000 for $12.70, making the entire transaction worth $380,877. This insider now owns 120,000 shares in total.

Coty Inc (COTY) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 50.18% per share during the next fiscal year.

Coty Inc (NYSE: COTY) Trading Performance Indicators

Here are Coty Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.07. Likewise, its price to free cash flow for the trailing twelve months is 17.67.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.08, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.65 in one year’s time.

Technical Analysis of Coty Inc (COTY)

Looking closely at Coty Inc (NYSE: COTY), its last 5-days average volume was 4.95 million, which is a jump from its year-to-date volume of 4.09 million. As of the previous 9 days, the stock’s Stochastic %D was 32.71%. Additionally, its Average True Range was 0.25.

During the past 100 days, Coty Inc’s (COTY) raw stochastic average was set at 4.23%, which indicates a significant decrease from 9.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.95% in the past 14 days, which was higher than the 34.49% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $8.80, while its 200-day Moving Average is $10.42. However, in the short run, Coty Inc’s stock first resistance to watch stands at $7.60. Second resistance stands at $7.71. The third major resistance level sits at $7.79. If the price goes on to break the first support level at $7.41, it is likely to go to the next support level at $7.33. Should the price break the second support level, the third support level stands at $7.22.

Coty Inc (NYSE: COTY) Key Stats

With a market capitalization of 6.53 billion, the company has a total of 867,845K Shares Outstanding. Currently, annual sales are 6,118 M while annual income is 89,400 K. The company’s previous quarter sales were 1,363 M while its latest quarter income was -96,900 K.