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Downtrend Call Working As Coty Inc-Cl A Stock Falls 23.6% (COTY)

By Nick Russo

SmarTrend identified a Downtrend for Coty Inc-Cl A (NYSE:COTY) on October 12th, 2018 at $11.09. In approximately 4 weeks, Coty Inc-Cl A has returned 23.58% as of today's recent price of $8.48.

Over the past year, Coty Inc-Cl A has traded in a range of $8.29 to $21.68 and is now at $8.47, 2% above that low. The 200-day and 50-day moving averages have moved 1.43% lower and 1.8% lower over the past week, respectively.

Coty, Inc. manufactures and distributes beauty products. The Company offers fragrances, color cosmetics, hygiene, sun care, and skin treatment products. Coty supplies its products to department stores, specialty retailers, mass-market retailers, and duty free shops in airports worldwide.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Coty Inc-Cl A.

Log in and add Coty Inc-Cl A (COTY) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights coty inc-cl a

Ticker(s): COTY