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Traders Watch list: NetApp, Inc. (NTAP), The Kroger Co. (KR), Coty Inc. (COTY)

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NetApp, Inc. (NTAP) saw its value increase by 4.19% as the stock gained $1.63 to finish the day at a closing price of $40.56. The stock was higher in trading and has fluctuated between $22.5-$42.18 per share for the past year. The shares, which traded within a range of $40.36 to $42.18 during the day, are up by 16.94% in the past three months and up by 42.12% over the past six months. It is currently trading 6.3% above its 20 day moving average and 10.31% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $37.04 a share over the next twelve months. The current relative strength index (RSI) reading is 74.83.The technical indicator do not lead us to believe the stock will see more gains any time soon.

NetApp, Inc. provides software, systems, and services to manage and store computer data worldwide. It offers all-flash arrays that support data management across flash, disk, and cloud resources; hybrid arrays to deploy the speed of flash storage; Data ONTAP storage operating system that delivers integrated data protection, comprehensive data management, and built-in software for virtualized, shared infrastructures, cloud computing, and mixed workload business applications; and SANtricity operating system, which provides performance, reliability, and data protection for application-driven workloads. The company also provides SolidFire element operating system optimized for the storage requirements of a data center; NetApp StorageGRID software that allows organizations to store and manage massive amounts of data on premises and in the cloud; and AltaVault cloud-integrated storage solutions and services, which provide the ability to backup data to any cloud. In addition, it offers integrated data protection solutions; OnCommand management software and management integration tools; FlexArray storage virtualization software; and NetApp private storage for cloud, a family of enterprise storage solutions. Further, the company offers software and hardware maintenance, professional, and customer education and training services, as well as support solutions. It serves energy, financial services, government, high technology, Internet, life sciences, healthcare services, manufacturing, media, entertainment, animation, video postproduction, and telecommunications sectors through a direct sales force and channel partners. The company has a partnership with DarkMatter to jointly develop and deliver secure data storage and big data analytics solutions. NetApp, Inc. was founded in 1992 and is headquartered in Sunnyvale, California.

The Kroger Co. (KR) shares were up in last trading by 1.28% to $33.94. It experienced higher than average volume on day. The stock increased in value by almost 1.71% over the past week and fell -2.43% in the past month. It is currently trading 0.13% above its 50 day moving average and 1.88% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -15.87% decrease in value from its one year high of $40.91. The RSI indicator value of 51.98, lead us to believe that it is a hold for now.

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; multi-department stores provide general merchandise items, such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products, toys, and fine jewelry; and price impact warehouse stores offer grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. The company’s marketplace stores comprise full-service grocery, pharmacy, health and beauty departments, and perishable goods, as well as general merchandise, including apparel, home goods, and toys. It operates under the banner brands, such as Kroger, Ralphs, Fred Meyer, King Soopers, etc., as well as Simple Truth and Simple Truth Organic brands. As of January 30, 2016, the company operated 2,778 retail food stores, including 1,387 fuel centers; 784 convenience stores; and 323 fine jewelry stores and an online retail store, as well as franchised 78 convenience stores. The Kroger Co. was founded in 1883 and is headquartered in Cincinnati, Ohio.

Coty Inc. (COTY) traded within a range of $18.67 to $19.91 after opening the day at $19.83. The company has seen its stock increase in value by 2.08% so far this year. The stock was down close to -5.46% on active volume in last trading session and closed at $18.69 per share. After the recent fall, the stock is currently holding -39.86% below its 52 week high of $31.6 and 4.88% above its 12-month low of $17.94. The shares are up by over 3.05% in the last three months, and the RSI indicator value of 47.02 is neither bullish nor bearish, tempting investors to stay on the sidelines.

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.

 

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