Coty Inc. (COTY) is engaged in the manufacture, marketing, and distribution of womens and mens fragrances, color cosmetics, and skin and body care related products worldwide.
The company operates through three segments: Fragrances, Color Cosmetics, and Skin and Body Care.
It offers various fragrance products of Calvin Klein, Davidoff, Marc Jacobs, Chloé, Playboy, Balenciaga, Beyoncé, Bottega Veneta, Guess?, Lady Gaga Fame, Roberto Cavalli, and JLo; color cosmetics products, including lip, eye, nail, and facial color products under Rimmel, Sally Hansen, and OPI; and skin and body care products comprising shower gels, deodorants, skin care, and sun treatment products of adidas, Lancaster, philosophy, and TJoy brands.
The company also offers its products under Astor, Coty, Jovan, Joop!, Manhattan, N.Y.C., and New York Color brands. sells its products through retailers, including hypermarkets, supermarkets, independent and chain drug stores and pharmacies, upscale perfumeries, upscale and mid-tier department stores, nail salons, specialty retailers, and duty-free shops, as well as traditional food, drug, and mass retailers.
Shares have formed a bullish "cup and handle" and higher share prices are expected for this stock.
52-Week Trading Range: $12.83 - $18.95
Entry Point: $17.95
Stop Loss: $17.05
Target Price: $19.75
COTY fell below our stop loss. Closed at $17.01.