Ronald O. Perelman Buys 120,618 Shares of Revlon, Inc. (REV) Stock
Revlon, Inc. (NYSE:REV) Director Ronald O. Perelman acquired 120,618 shares of the company’s stock in a transaction on Monday, June 19th. The shares were purchased at an average cost of $22.91 per share, for a total transaction of $2,763,358.38. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
Revlon, Inc. (NYSE REV) opened at 23.30 on Friday. The stock’s market cap is $1.22 billion. Revlon, Inc. has a one year low of $18.15 and a one year high of $37.96. The firm’s 50 day moving average price is $20.51 and its 200 day moving average price is $27.70.
Revlon (NYSE:REV) last issued its earnings results on Friday, May 5th. The company reported ($0.23) earnings per share (EPS) for the quarter. The company had revenue of $594.90 million during the quarter. Revlon had a negative net margin of 2.82% and a negative return on equity of 9.87%. Equities analysts forecast that Revlon, Inc. will post $1.80 earnings per share for the current year.
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Several equities analysts have issued reports on the company. BidaskClub raised Revlon from a “strong sell” rating to a “sell” rating in a report on Friday, June 16th. TheStreet lowered Revlon from a “c” rating to a “d+” rating in a report on Tuesday, March 28th.
Revlon, Inc manufactures, markets and sells around the world a range of beauty and personal care products, including color cosmetics, hair color, hair care and hair treatments, as well as beauty tools, men’s grooming products, anti-perspirant deodorants, fragrances, skincare and other beauty care products.
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