An issue of Revlon, Inc. (NYSE:REV) debt rose 2.3% against its face value during trading on Friday. The high-yield issue of debt has a 5.75% coupon and will mature on February 15, 2021. The debt is now trading at $86.25 and was trading at $83.75 one week ago. Price moves in a company’s debt in credit markets sometimes predict parallel moves in its stock price.

Separately, BidaskClub lowered shares of Revlon from a “sell” rating to a “strong sell” rating in a research note on Monday, July 24th.

Shares of Revlon, Inc. (REV) traded down 6.48% on Friday, hitting $16.60. 946,994 shares of the company’s stock were exchanged. The stock’s 50 day moving average is $22.19 and its 200 day moving average is $26.16. Revlon, Inc. has a 12 month low of $15.60 and a 12 month high of $37.96. The firm’s market cap is $872.73 million.

Revlon (NYSE:REV) last announced its quarterly earnings data on Friday, May 5th. The company reported ($0.23) EPS for the quarter. The company had revenue of $594.90 million during the quarter. Revlon had a negative return on equity of 9.87% and a negative net margin of 2.82%. On average, equities analysts predict that Revlon, Inc. will post $1.80 earnings per share for the current year.

In other Revlon news, Director Ronald O. Perelman bought 150,210 shares of Revlon stock in a transaction dated Friday, June 23rd. The stock was purchased at an average price of $23.11 per share, for a total transaction of $3,471,353.10. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ronald O. Perelman bought 100,000 shares of Revlon stock in a transaction dated Friday, May 12th. The stock was acquired at an average price of $20.00 per share, with a total value of $2,000,000.00. The disclosure for this purchase can be found here. Insiders bought 2,680,438 shares of company stock valued at $55,375,570 in the last quarter. Corporate insiders own 78.00% of the company’s stock.

Several institutional investors have recently bought and sold shares of REV. K.J. Harrison & Partners Inc increased its position in Revlon by 5.4% in the second quarter. K.J. Harrison & Partners Inc now owns 100,300 shares of the company’s stock valued at $2,377,000 after buying an additional 5,124 shares during the last quarter. Rhumbline Advisers increased its position in Revlon by 2.1% in the second quarter. Rhumbline Advisers now owns 13,793 shares of the company’s stock valued at $327,000 after buying an additional 280 shares during the last quarter. Schwab Charles Investment Management Inc. increased its position in Revlon by 1.2% in the second quarter. Schwab Charles Investment Management Inc. now owns 61,610 shares of the company’s stock valued at $1,461,000 after buying an additional 745 shares during the last quarter. Finally, Pioneer Investment Management Inc. acquired a new position in Revlon during the second quarter valued at $1,186,000. Hedge funds and other institutional investors own 19.11% of the company’s stock.

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About Revlon

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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