Large Outflow of Money Witnessed in Coca-Cola Enterprises

Coca-Cola Enterprises (CCE) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($4.89 million) and the uptick to downtick ratio was 0.61. The transaction value on upticks was $7.54 million and on downticks, the transaction value was $12.43 million. In block trades, the transaction value of inflow done during uptick was $0.82 million. The transaction value of block trades during downticks was $6 million. The uptick to downtick block trade ratio was 0.14. The money flow was negative ($5.18 million), indicating the traders were booking profit on the price strength. Coca-Cola Enterprises (CCE) rose $0.18 at $38.25, during intraday Friday , a rise of 0.47% over the previous days close.


Coca-Cola Enterprises (CCE) : The most positive equity analysts on Coca-Cola Enterprises (CCE) expects the shares to touch $57, whereas, the least positive believes that the stock will trade at $40 in the short term. The company is covered by 8 Wall Street Brokerage Firms. The average price target for shares are $46.31 with an expected fluctuation of $6.2 from the mean.

Coca-Cola Enterprises (NYSE:CCE): stock turned positive on Friday. Though the stock opened at $38.09, the bulls momentum made the stock top out at $38.41 level for the day. The stock recorded a low of $37.94 and closed the trading day at $38.25, in the green by 0.47%. The total traded volume for the day was 1,682,800. The stock had closed at $38.07 in the previous days trading.

In a related news, The Securities and Exchange Commission has divulged that Brock John, director officer (Chairman and CEO) of Coca-Cola Enterprises, Inc., had unloaded 590,779 shares at an average price of $48.64 in a transaction dated on March 1, 2016. The total value of the transaction was worth $28,735,491.

Coca-Cola Enterprises, Inc. (CCE) markets, produces and distributes non-alcoholic beverages. The Company serves a market of approximately 170 million consumers throughout Belgium, continental France, Great Britain, Luxembourg, Monaco, the Netherlands, Norway, and Sweden. The Company is The Coca-Cola Companys (TCCC) bottling partner in Western Europe. The Company has bottling rights within its territories for various beverage brands, including products with the name Coca-Cola. The Company purchases concentrates and syrups from TCCC and other licensors to manufacture products. In addition, it purchases sweeteners, juices, mineral waters, finished product, carbon dioxide, fuel, PET (plastic) preforms, glass, aluminum and plastic bottles, aluminum and steel cans, pouches, closures, post-mix, and packaging materials. The Companys beverage portfolio includes Coca-Cola, Diet Coke/Coca-Cola light, Coca-Cola Zero, Fanta and Capri-Sun, among others.

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