The Number Game: COTY stock

Wells Fargo rated the Coty Inc. (NYSE: COTY) stock “an Underweight” and gave the company’s common stock a price target of $5. Wells Fargo’s estimates were contained in a research note released on Tuesday, December 08, 2020. Several other experts on Wall Street have posted such reports regarding the COTY shares.According to Citigroup, the stock is “a Buy,” and set its price target at $10. Citigroup published their figures in a research note released to investors on Thursday, November 19, 2020. Other experts at Jefferies have the stock’s price target at $4 price; with their rating of the stock is “a Buy.” These scores were published in a research note the firm released on Wednesday, October 07, 2020.


A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .

Sponsored


Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

Wall Street analysts tracking the Coty Inc. (NYSE: COTY) stock on daily basis. Out of 14 analysts, 3 deeming the stock a Buy and 0 gave it a rating of OVERWEIGHT. Another 9 recommended that COTY is a HOLD, while 1 rated it UNDERWEIGHT and the same number recommended SELL. If we look at the broader picture, the above ratings give the stock an average analyst rating of 2.70.

Coty Inc. has a market valuation of $5.45 billion and last released its earnings reports on 02/11/2021, for the quarterly period ended on 9/29/2020. The company’s revenue for the quarter stood at $1.12 billion. COTY Company also reported its earnings per share (EPS) as -$0.02 for the quarter, which beat consensus estimates by analysts of -$0.06 by $0.04, surprisingly 66.70% higher.

The stock market has more often than not ended up being extremely baffling, catching even some of the more experienced traders by surprise. It happens that even when results are as projected, the market sometimes just takes a sudden turn towards the opposite direction. Often such events lead to doubt and much speculation. At such time, it may pay to keep tabs on a stock’s historical price performance. Useful also would be knowledge of the stock’s trends, both the short term and long-term. Coty Inc. (NYSE: COTY) share prices have increased by 0.44% over the past week, but are up 104.13% over prices posted in the last quarter. Going further back, the stock’s price has tanked 64.76% over the last 6 months but is down -1.42% in year-to-date trading.

A recent spot check on the stock’s support and resistance revealed that the publicly-traded Coty Inc. (NYSE: COTY) shares are trading at a price close to -11.96% lower than its 90-day high. On the other hand, the stock is +141.11% away from its low in the 90-day period. More broadly, COTY’s current price is -46.81% away from 52-week high. The price is 161.13% above from its 52-week low.

A look at another ratio shows that Coty Inc. has a Return on Investment (ROI) of -7.30%. When profits exceed costs, then the ROI percentage will be positive, and analysts will rate such business as having a net gain. However, if the percentage index is negative, then the company’s costs basically outweigh profits.

Focusing on the company’s market volatility shows that it has a 1-Week Volatility index of 4.70%, and 5.62% for the month. This stock’s Average True Range (ATR) currently stands at 0.38, with the beta factor poised at 2.31. The indicator of Volatility helps exhibit the extent to which a stock is likely to plummet or climb when the rest of the market also dips or surges. If a stock has a beta score above 1, then its rate of volatility is high. Figures lower than 1, therefore, means that the stock’s volatility at that particular moment is low.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

Shares of the Coty Inc. (NYSE: COTY) gained by $0.11 during Tuesday’s regular trading session to climb to $6.92. The company had a daily trading volume of 6.53 million shares, lower than its average intra-day trading volumes of about 13.21M shares.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Edward Bosworth
I am not the run of the mill investigator. I have interesting abilities, sharpened by long stretches of fruitful Mergers and Acquisition achievements, to discover thrashed stocks that have the potential for recuperation and development. These organizations are useful in adjusting a portfolio just as beating the market. This experience left with solid thankfulness for principal investigation of an organization’s organizations instead of the entire partnership, to discover what will drive the outcomes.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Hot Topics

Here Is how 3D Hubs Acquisition Will Benefits Proto Labs (PRLB)

On January 20, Proto Labs Inc (NYSE: PRLB) stock rose 6.56% to reach a closing price of $191.46. This resulted from the announcement that...

General Motors (GM) Rose To New Highs After EV Collaboration With Microsoft, FedEx (FDX) To Cut Jobs In Europe

Shares of U.S. auto giant General Motors Company (GM) soared 9.7% on Wall Street on Tuesday, ending at a new record high of $54.84...

Related Articles

Here Is how 3D Hubs Acquisition Will Benefits Proto Labs (PRLB)

On January 20, Proto Labs Inc (NYSE: PRLB) stock rose 6.56% to reach a closing price of $191.46. This resulted from the announcement that...

General Motors (GM) Rose To New Highs After EV Collaboration With Microsoft, FedEx (FDX) To Cut Jobs In Europe

Shares of U.S. auto giant General Motors Company (GM) soared 9.7% on Wall Street on Tuesday, ending at a new record high of $54.84...

Tesla (TSLA) On Track To Reach New Heights

Recently, Tesla Inc. (TSLA) published statistics on electric car sales in the fourth quarter and during the year. The findings were just marginally smaller...

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the Newsheater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.