Shares of Coty (COTY) Sees Large Outflow of Money

Coty (COTY) : Net money flow in Coty (COTY) was negative ($6.45 million) and the inflow of money on uptick was $8.72 million, whereas, the outflow of money on downticks amounted to $15.17 million on Monday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.57. The block trades show that the large investors, were aggressive sellers in the stock. The total value of block trades on upticks was only $4.09 million. On the other hand, the total value of block trades done on downticks was $9.96 million. The ratio of uptick to downtick block trades was 0.41. The money flow in block trades was negative ($5.87). Coty (COTY) gained $0.02 cent during the day and reached $28.97, a gain of 0.07% over the previous day.


Shares of Coty Inc. rose by 7.27% in the last five trading days and 8.86% for the last 4 weeks. Coty Inc. is up 17.87% in the last 3-month period. Year-to-Date the stock performance stands at 17.23%.

Coty (NYSE:COTY): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $28.84 and $28.74 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.13. The buying momentum continued till the end and the stock did not give up its gains. It closed at $29.75, notching a gain of 2.69% for the day. The total traded volume was 1,526,341 . The stock had closed at $28.97 on the previous day.

In a related news, The officer (SVP of Human Resources), of Coty Inc., Froidefond Sebastien had unloaded 3,983 shares at $27.02 per share in a transaction on July 11, 2016. The total value of transaction was $107,621. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Coty Inc. is a beauty company. The Company manufactures and markets beauty products in the Fragrances, Color Cosmetics and Skin & Body Care segments with distribution in over 130 countries and territories across both prestige and mass markets. Fragrances products include a variety of mens and womens products and include fashion designer, celebrity and lifestyle brands. Color Cosmetics products include nail and other color cosmetics, consisting of lip, eye and other facial color products. Skin & Body Care products include shower gels, deodorants, skin care and sun treatment products. The Companys top 10 brands include adidas, Calvin Klein, Chloe, Davidoff, Marc Jacobs, OPI, philosophy, Playboy, Rimmel and Sally Hansen.

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