Large Outflow of Money Witnessed in Avon Products

Avon Products (AVP): The stock had negative money flow to the tune of ($2.49 million) on Tuesday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $0.77 million, whereas, the outflow of money on downticks was $3.25 million and the ratio between the two was 0.24. The block trade had a negative net money flow of ($2.22 million). The total block trade value undertaken on upticks was $0.27 million. On the other hand, downticks amounted to $2.49 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.11. Avon Products (AVP) closed with marginal gains of 3 cents to end the day at $4.01, an increase of 0.75% over the previous days close. The stock recorded 2.04% for the week.


The company Insiders own 0.8% of Avon Products shares according to the proxy statements. Institutional Investors own 87.03% of Avon Products shares. In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the officer (Senior Vice President) of Avon Products Inc, Munoz Pablo had purchased shares worth of $72,500 in a transaction dated on May 5, 2015. A total of 10,000 shares were purchased at a price of $7.25 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Shares of Avon Products Inc. appreciated by 9.6% during the last five trading days but lost 0.96% on a 4-week basis. Avon Products Inc. has dropped 17.96% during the last 3-month period . Year-to-Date the stock performance stands at 1.48%.

Avon Products (NYSE:AVP): stock turned positive on Tuesday. Though the stock opened at $4, the bulls momentum made the stock top out at $4.17 level for the day. The stock recorded a low of $3.92 and closed the trading day at $4.11, in the green by 3.27%. The total traded volume for the day was 7,177,507. The stock had closed at $3.98 in the previous days trading.

Avon Products, Inc. is a manufacturer and marketer of beauty and related products. The Companys offers its products under two product categories: Beauty and Fashion & Home. Beauty consists of skincare (which includes personal care), fragrance and color (cosmetics). Fashion & Home consists of fashion jewelry, watches, apparel, footwear, accessories, gift and decorative products, housewares, entertainment and leisure products, childrens products and nutritional products. The Companys segments are -based on geographic operations and include commercial business units in Latin America; Europe, Middle East & Africa; North America, and Asia Pacific. The Companys business is conducted primarily in one channel, direct selling. The Company has sales operations in 60 countries and territories, including the United States, and distributed its products in 41 other countries and territories.

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