Price Action to Note: Avon Products, Inc.’s Trend Down, Especially After Today’s Weak Session

Price Action to Note: Avon Products, Inc.'s Trend Down, Especially After Today's Weak Session

The stock of Avon Products, Inc. (NYSE:AVP) is a huge mover today! The stock decreased 4.81% or $0.3 during the last trading session, hitting $5.94. About 6.61 million shares traded hands or 29.35% up from the average. Avon Products, Inc. (NYSE:AVP) has risen 28.66% since April 4, 2016 and is uptrending. It has outperformed by 27.57% the S&P500.
The move comes after 7 months negative chart setup for the $2.60 billion company. It was reported on Nov, 4 by Barchart.com. We have $5.46 PT which if reached, will make NYSE:AVP worth $208.00 million less.

Avon Products, Inc. (NYSE:AVP) Ratings Coverage

Out of 7 analysts covering Avon Products Inc. (NYSE:AVP), 4 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 57% are positive. Avon Products Inc. has been the topic of 16 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The rating was maintained by UBS with “Neutral” on Friday, July 31. The stock of Avon Products, Inc. (NYSE:AVP) earned “Neutral” rating by Piper Jaffray on Tuesday, April 12. The rating was initiated by Jefferies with “Buy” on Friday, June 3. The rating was upgraded by Piper Jaffray to “Overweight” on Friday, January 22. Citigroup maintained the stock with “Buy” rating in Saturday, December 5 report. The stock of Avon Products, Inc. (NYSE:AVP) earned “Neutral” rating by B. Riley & Co on Thursday, November 5. On Tuesday, July 21 the stock rating was initiated by Sterne Agee CRT with “Neutral”. The stock has “Buy” rating given by Citigroup on Tuesday, November 24. The firm has “Neutral” rating by Citigroup given on Monday, September 14. UBS downgraded the shares of AVP in a report on Thursday, November 5 to “Sell” rating.

According to Zacks Investment Research, “Avon Products, Inc. is one of the world’s leading manufacturers and marketers of beauty and related products, which include cosmetics, fragrance and toiletries; beauty plus which consists of jewelry and accessories and apparel; and non-core which consists of gift and decorative and home entertainment products.”

Insitutional Activity: The institutional sentiment increased to 1.06 in Q2 2016. Its up 0.08, from 0.98 in 2016Q1. The ratio is positive, as 41 funds sold all Avon Products, Inc. shares owned while 67 reduced positions. 23 funds bought stakes while 92 increased positions. They now own 374.42 million shares or 0.82% more from 371.35 million shares in 2016Q1.
Prudential Fincl Inc holds 486,212 shares or 0% of its portfolio. The United Kingdom-based Aviva Public Ltd has invested 0% in Avon Products, Inc. (NYSE:AVP). Reilly Fincl Ltd holds 0% or 1,360 shares in its portfolio. Checchi Advisers Ltd Liability last reported 2,792 shares in the company. Nomura last reported 0% of its portfolio in the stock. Proshare Advsrs holds 97,715 shares or 0% of its portfolio. The Vermont-based Hanson & Doremus Investment Mgmt has invested 0% in Avon Products, Inc. (NYSE:AVP). Aperio Grp Limited Liability Corp last reported 388,881 shares in the company. Cap Interest reported 18.28 million shares or 0.1% of all its holdings. Cibc Asset holds 0% or 14,478 shares in its portfolio. Jpmorgan Chase & Com accumulated 434,097 shares or 0% of the stock. Moreover, Vanguard Gp has 0.01% invested in Avon Products, Inc. (NYSE:AVP) for 32.77 million shares. Moreover, Exane Derivatives has 0% invested in Avon Products, Inc. (NYSE:AVP) for 1,147 shares. Wfg Advisors Limited Partnership holds 53 shares or 0% of its portfolio. Silvercrest Asset Mngmt Lc holds 11,424 shares or 0% of its portfolio.

Insider Transactions: Since August 9, 2016, the stock had 2 insider purchases, and 0 insider sales for $64,330 net activity. The insider CORNWELL W DON bought $12,360. Higson John bought $51,970 worth of stock or 10,000 shares.

Another recent and important Avon Products, Inc. (NYSE:AVP) news was published by Nasdaq.com which published an article titled: “Earnings Reaction History: Avon Products, Inc., 40.0% Follow-Through Indicator …” on November 03, 2016.

AVP Company Profile

Avon Products, Inc., incorporated on January 27, 1916, is a maker and marketer of beauty and related products. The Company’s product categories are Beauty, and Fashion and Home. Beauty consists of skincare (which includes personal care), fragrance and color (cosmetics). Fashion and Home consists of fashion jewelry, watches, apparel, footwear, accessories, gift and decorative products, housewares, entertainment and leisure products, children’s products and nutritional products. The Company’s divisions are based on geographic activities and include commercial business units in Latin America; Europe, Middle East and Africa, and Asia Pacific. The Company’s business is conducted primarily in one channel, direct selling.

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