Coty Inc. (COTY) Reaches $17.06 After 7.00% Down Move; THUNDERSTRUCK RESOURCES LTD ORDINARY SHA (THURF) Shorts Increased By 300%

April 19, 2018 - By Michael Collier

Coty Inc. (NYSE:COTY) Logo

The stock of Coty Inc. (NYSE:COTY) is a huge mover today! The stock decreased 3.51% or $0.62 during the last trading session, reaching $17.06. About 1.69 million shares traded. Coty Inc. (NYSE:COTY) has risen 0.16% since April 19, 2017 and is uptrending. It has underperformed by 11.39% the S&P500.The move comes after 8 months negative chart setup for the $12.79 billion company. It was reported on Apr, 19 by Barchart.com. We have $15.87 PT which if reached, will make NYSE:COTY worth $895.51M less.

THUNDERSTRUCK RESOURCES LTD ORDINARY SHA (OTCMKTS:THURF) had an increase of 300% in short interest. THURF’s SI was 10,400 shares in April as released by FINRA. Its up 300% from 2,600 shares previously. With 9,900 avg volume, 1 days are for THUNDERSTRUCK RESOURCES LTD ORDINARY SHA (OTCMKTS:THURF)’s short sellers to cover THURF’s short positions. The SI to THUNDERSTRUCK RESOURCES LTD ORDINARY SHA’s float is 0.03%. It closed at $0.0624 lastly. It is down 0.00% since April 19, 2017 and is . It has underperformed by 11.55% the S&P500.

Thunderstruck Resources Ltd. acquires and explores for mineral properties on the Island of Viti Levu, Fiji. The company has market cap of $3.64 million. It primarily explores for zinc, copper, silver, and gold deposits. It currently has negative earnings. The Company’s flagship properties include the Nakoro Zinc-Copper Prospect and Wainaleka Copper-Zinc Prospect.

Investors sentiment decreased to 0.95 in Q4 2017. Its down 0.22, from 1.17 in 2017Q3. It dropped, as 29 investors sold Coty Inc. shares while 112 reduced holdings. 42 funds opened positions while 92 raised stakes. 499.23 million shares or 2.30% less from 510.97 million shares in 2017Q3 were reported. 385 are held by Atlantic Group Limited Liability. Cannell Peter B Comm, a New York-based fund reported 434,655 shares. Livforsakringsbolaget Skandia Omsesidigt holds 7,384 shares or 0.01% of its portfolio. Aviva Public Ltd has invested 0.03% in Coty Inc. (NYSE:COTY). Loring Wolcott And Coolidge Fiduciary Advisors Llp Ma stated it has 1,157 shares. Amica Mutual Ins Company has 22,213 shares. Soros Fund Management Limited Liability stated it has 130,100 shares. Mackenzie Financial invested 0.16% in Coty Inc. (NYSE:COTY). Westpac Corporation has invested 0.43% of its portfolio in Coty Inc. (NYSE:COTY). Strs Ohio holds 0% of its portfolio in Coty Inc. (NYSE:COTY) for 23,336 shares. Cornerstone Capital Hldg Limited Liability Co reported 88,775 shares. Tiaa Cref Inv Management Limited Company has invested 0.01% in Coty Inc. (NYSE:COTY). Blackrock reported 29.02 million shares. Ruffer Ltd Liability Partnership owns 100,000 shares for 0.08% of their portfolio. Putnam Invests Ltd holds 3.20 million shares or 0.14% of its portfolio.

Since February 12, 2018, it had 1 insider buy, and 0 sales for $84.48 million activity. Shares for $84.48 million were bought by JAB Cosmetics B.V. on Monday, February 12.

Analysts await Coty Inc. (NYSE:COTY) to report earnings on May, 9 before the open. They expect $0.12 EPS, down 20.00% or $0.03 from last year’s $0.15 per share. COTY’s profit will be $89.99M for 35.54 P/E if the $0.12 EPS becomes a reality. After $0.32 actual EPS reported by Coty Inc. for the previous quarter, Wall Street now forecasts -62.50% negative EPS growth.

Coty Inc., together with its subsidiaries, makes, markets, sells, and distributes beauty products worldwide. The company has market cap of $12.79 billion. It operates in three divisions: Consumer Beauty, Luxury, and Professional Beauty. It currently has negative earnings. The Consumer Beauty segment offers color cosmetics, retail hair coloring and styling products, body care products, and mass fragrances primarily through hypermarkets, supermarkets, drug stores and pharmacies, mid-tier department stores, and traditional food and drug retailers, as well as own branded e-commerce and direct to consumer Websites.

Coty Inc. (NYSE:COTY) Institutional Positions Chart

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