Coty Inc. (CO3A.DE) XETRA intraday: trading at €2.56 on heavy volume, watch downside risk

Coty Inc. (CO3A.DE) is trading at €2.56 on XETRA in this intraday most-active session after a steep fall of -53.71% on unusually heavy volume of 11,239,939 shares. The move places CO3A.DE stock at multi-month lows versus a 50-day average of €6.88 and a 200-day average of €8.15. Traders are reacting to earnings and liquidity questions, leaving valuation and short-term technicals in focus as the Consumer Defensive sector steadies.