Ronald O. Perelman Acquires 225,000 Shares of Revlon Inc (REV) Stock

Revlon Inc (NYSE:REV) Director Ronald O. Perelman bought 225,000 shares of Revlon stock in a transaction that occurred on Thursday, May 18th. The stock was purchased at an average cost of $19.38 per share, for a total transaction of $4,360,500.00. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink.

Revlon Inc (NYSE:REV) traded down 1.28% on Friday, reaching $19.25. The company had a trading volume of 356,887 shares. The stock’s 50 day moving average price is $24.54 and its 200-day moving average price is $29.25. Revlon Inc has a 12-month low of $18.30 and a 12-month high of $37.96. The stock’s market capitalization is $1.01 billion.

Revlon (NYSE:REV) last posted its earnings results on Friday, May 5th. The company reported ($0.23) earnings per share for the quarter. Revlon had a negative return on equity of 21.37% and a net margin of 1.92%. The business had revenue of $594.90 million during the quarter. Equities analysts expect that Revlon Inc will post $1.80 earnings per share for the current fiscal year.

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Separately, TheStreet cut Revlon from a “c” rating to a “d+” rating in a research note on Tuesday, March 28th.

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.

5 Day Chart for NYSE:REV

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