Avon Products Inc. (AVP) Moves Higher on Volume Spike for March 15

Equities Staff  |

Avon Products Inc. (AVP) traded on unusually high volume on Mar. 15, as the stock gained 2.1% to close at $2.92. On the day, Avon Products Inc. saw 17.26 million shares trade hands on 18,763 trades. Considering that the stock averages only a daily volume of 10.13 million shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $3.41 and $1.30 over the last 52-weeks, its 50-day SMA is now $2.42, and its 200-day SMA $1.99. Avon Products Inc. has a P/B ratio of -1.43.

Avon Products Inc is a multilevel marketing firm which manufactures and sells beauty and related products. Avon's product mix consists of beauty (cosmetics, fragrances, and skin care), fashion (accessories and apparel), and home (home products and gifts). Generating, a majority of its revenue from Beauty. The company's geographic operating segments includes Europe, Middle East and Africa, South Latin America, North Latin America and the Asia Pacific. It generates a majority of its revenue from South Latin America followed by Europe, Middle East, and Africa.

Headquartered in London, , Avon Products Inc. has 23,000 employees and is currently under the leadership of CEO Jan Zijderveld.

For a complete fundamental analysis analysis of Avon Products Inc., check out Equities.com’s Stock Valuation Analysis report for AVP.

Still paying commissions on stock trades? Equities.com now offers $7.99/month unlimited trading and flat-fee options trading for $89.99/month! Get started today by https://www.equities.com/trading-start

To get more information on Avon Products Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: AVP’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer



Symbol Last Price Change % Change





















Blockchain in Healthcare - Discussion at the EU Parliament

From the recent Blockchain For Europe Summit in Brussels: Panel on Digital Health - How Blockchain technology can make health care systems more patient-centric and sustainable