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Downtrend Call Working As Coty Inc-Cl A Stock Falls 30.1% (COTY)

By David Diaz

SmarTrend identified a Downtrend for Coty Inc-Cl A (NYSE:COTY) on October 12th, 2018 at $11.09. In approximately 2 months, Coty Inc-Cl A has returned 30.07% as of today's recent price of $7.76.

Coty Inc-Cl A share prices have moved between a 52-week high of $21.68 and the current low of $7.62 and are currently at $7.75 per share. Over the last five market days, the 200-day moving average (MA) has gone down 1.4% while the 50-day MA has declined 2.7%.

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