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Stocks in the Spotlight: Coty Inc. (COTY), CSX Corporation (CSX), Facebook, Inc. (FB)

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Coty Inc. (COTY) had a light trading with around 15.84M shares changing hands compared to its three month average trading volume of 6.63M. The stock traded between $18.26 and $18.6 before closing at the price of $18.28 with -0.22% change on the day. The New York New York 10118 based company is currently trading 2.58% above its 52 week low of $17.94 and -41.18% below its 52 week high of $31.6. Both the RSI indicator and target price of 41.97 and $21.18 respectively, lead us to believe that it should be put on hold over the coming weeks.

Coty Inc., together with its subsidiaries, manufactures, markets, and distributes beauty products worldwide. The company operates through four segments: Fragrances, Color Cosmetics, Skin & Body Care, and Brazil Acquisition. It offers fragrances under the Calvin Klein, Marc Jacobs, Davidoff, Chloé, Balenciaga, Beyoncé, Bottega Veneta, Guess?, Katy Perry, Miu Miu, and Roberto Cavalli brand names. The company also provides lip, eye, nail, and facial color products under the Bourjois, Rimmel, Sally Hansen, and OPI brands. In addition, it offers shower gels, deodorants, skin care, and sun treatment products under the adidas, Lancaster, philosophy, and Playboy brand names; and hair straighteners, hair dryers, curlers, and hair brushes; and spray, serum, cream, and foam product lines to curl, fix, protect, shine, straighten, and volumize hair. The company also markets its products under the Astor, Coty, Joop!, Jovan, Manhattan, and N.Y.C. New York Color brands. It 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, duty-free shops and traditional food, and drug and mass retailers. Coty Inc. was founded in 1904 and is headquartered in New York, New York.

CSX Corporation (CSX) managed to rebound with the stock climbing 0.04% or $0.02 to close the day at $47.77 on active trading volume of 15.43M shares, compared to its three month average trading volume of 11.88M. The Jacksonville Florida 32202 based company has been outperforming the railroads group over the past 52 weeks, with the stock gaining 109.41%, compared to the industry which has advanced 17.16% over the same period. With RSI of 68.15, the stock should still continue to rise and get closer to its one year target estimate of $45, making it a hold for now.

CSX Corporation, together with its subsidiaries, provides rail-based transportation services in the United States and Canada. The company offers rail services, as well as transports intermodal containers and trailers. It transports agricultural products, phosphates and fertilizers, food and consumer products, chemicals, automotive products, metals, forest products, minerals, and waste and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants. The company also exports coal to deep-water port facilities. In addition, it offers intermodal transportation services through a network of approximately 50 terminals transporting manufactured consumer goods in containers in the eastern United States; drayage services, including the pickup and delivery of intermodal shipments; and trucking dispatch services. Further, the company serves the automotive industry with distribution centers and storage locations, as well as connects non-rail served customers through transferring products from rail to trucks, which includes plastics and ethanol. Additionally, it acquires, develops, sells, leases, and manages real estate properties. The company operates approximately 21,000 route mile rail network, which serves various population centers in 23 states east of the Mississippi River, the District of Columbia, and the Canadian provinces of Ontario and Quebec, as well as owns and leases approximately 4,500 locomotives. It also serves production and distribution facilities through track connections. CSX Corporation was founded in 1978 and is based in Jacksonville, Florida.

Facebook, Inc. (FB) shares were up in last trading by 0.04% to $134.19. It experienced lighter than average volume on day. The stock increased in value by almost 2.45% over the past week and grew 6.42% in the past month. It is currently trading 8.54% above its 50 day moving average and 9.48% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -0.96% decrease in value from its one year high of $135.49. The RSI indicator value of 69.36, lead us to believe that it is a hold for now.

Facebook, Inc. provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. Its solutions include Facebook Website and mobile application that enables people to connect, share, discover, and communicate each other on mobile devices and personal computers; Instagram, a mobile application that enables people to take photos or videos, customize them with filter effects, and share them with friends and followers in a photo feed or send them directly to friends; Messenger, a messaging application to communicate with people and businesses across platforms and devices; and WhatsApp Messenger, a mobile messaging application. The company also offers Oculus virtual reality technology and content platform, which allow people to enter an immersive and interactive environment to play games, consume content, and connect with others. As of December 31, 2016, it had approximately 1.23 billion daily active users. Facebook, Inc. was founded in 2004 and is headquartered in Menlo Park, California.

 

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