Wednesday, 11 December 2019

Coty Inc Stock is good for long-term investing


Coty Inc. is an American multinational beauty company. It was founded in 1904. Working with its subsidiaries, it develops, manufactures, markets, and distributes fragrances, cosmetics, skin care and nail care. It also deals with both professional and retail hair care products. Coty owns about 77 brands as of 2018. It has been about two years after Coty Inc. paid $12 billion to acquire Procter & Gamble Co.'s beauty business.


Coty Inc. stock (NYSE:COTY) is a nice stock to get for long-term investing. Coty Inc. has 751.51M in outstanding shares. The company’s total market value is $8.88B. Its stock price could be found in the range of 5.91 to 14.14.

You can check out the next publication of this company’s financial results for the quarter. This will be made public on February 14. This stock’s Beta value is currently 0.69. This indicates that it is 1.99% more volatile that the wider market.

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