|Bid||7.72 x 2900|
|Ask||7.73 x 3200|
|Day's range||7.51 - 7.78|
|52-week range||5.90 - 11.12|
|Beta (5Y monthly)||1.99|
|PE ratio (TTM)||59.42|
|Earnings date||25 Aug 2022|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||14 Feb 2020|
|1y target est||10.77|
GENEVA & SHANGHAI, August 02, 2022--Coty Inc. (NYSE: COTY) ("Coty"), one of the world’s leading beauty companies and global leaders in fragrance, has officially signed the Global Travel Retail Joint Business Partnership with Ant Group to enhance the cooperation in digitalization. The agreement means that Coty will be the first beauty company to reach the strategic partnership in travel retail to support digital platforms like Alipay and other digital payment methods at a global level through Ali
Coty (COTY) makes several strategic partnerships to enhance its brand portfolio. However, the company is not immune to the rising inflationary environment.
Coty (COTY) is benefiting from its six strategic pillars, including strengthening e-commerce and stabilizing Consumer Beauty brands. It is striving to optimize the cost structure amid inflation.