Coty is a leading global beauty and fragrance retailer. With its innovative product and services, the company is able to maintain a solid foothold within the market. But its stock has fallen in recent months. Given the company’s mixed financials and stretched valuation, can the stock recover in the near term? Read more to find out.Incorporated in 1904, Coty Inc . COTY (Coty Inc) is one the largest beauty corporations in the world. They have a large portfolio of color cosmetics, skin and body products brands, as well as a reputation for their fragrances. It is the world’s leader in perfume and third for color cosmetics. COTY’s stock has gained 200% over the past year and 15.4% year-to-date to close yesterday’s trading session at $8.10. So far, its share price has risen due to strong top-line performance and significant product launches.

The stock’s share price has fallen 16% during the past month. The company has begun to adopt digital options such as e-commerce and advertising platforms to meet changing consumer preferences. However, the stock’s stretched valuation may cause it to lose more.

Here’s what could shape COTY’s performance in the near term:

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