Taking a Look at the Data Behind Coty (COTY)

Coty Inc. (COTY) is an interesting player in the Consumer Goods space, with a focus on Personal Products. The stock has been active on the tape, currently trading at $13.89, up from yesterday’s close by 3.58%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Coty Inc. (COTY) currently trades with a market capitalization of $9.92 Billion. That value represents a market adjusting for revenues that have been growing by 9.38 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of -$187.3 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.14 on a per share basis this quarter. Perhaps, that suggests something about why 0.67% of the outstanding share supply is held by institutional investors.

Technical Analysis

It’s important to check the technicals to get a sense of how COTY has been acting. Looking at the stock’s movement on the chart, Coty Inc. recorded a 52-week high of $21.68. It is now trading 7.79% off that level. The stock is trading $15.79 its 50-day moving average by 1.9%. The stock carved out a 52-week low down at $12.92.

In recent action, Coty Inc. (COTY) has made a move of -4.21% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.04, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 15.19% with $437.47 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of COTY.

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