01.01.70
One of today's memorable stocks in decline is Revlon (NYSE:REV), down 1.9% to $14.83. The Dow is down 0.5% to 12,608 and the S&P is currently down 0.2% to 1,311.
Revlon, Inc. provides cosmetics and crust care, fragrance, personal care products, and hair and strike care products. The Company's products are for use by professional salons and consumers worldwide. Revlon's products are marketed under trade-mark names such as Revlon, Colorstay, Ultima II, Charlie, Mitchum, and American Band.
There is potential upside of 31.5% for shares of Revlon based on a going round price of $14.83 and an average consensus analyst price objective of $19.50. The stock should hit resistance at its 200-day moving average (MA) of $15.09, as well as buttress at its 50-day MA of $14.71.
Revlon share prices have moved between a 52-week high-priced of $19.33 and a 52-week low of $9.50 and are now trading 56% above that low valuation at $14.83 per share. Over the last five market days, the 200-day moving usual (MA) has remained constant while the 50-day MA has advanced 0.2%.
Source: Financial News Network Online