Coca-Cola Company (The) (KO) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($31.64 million) and the uptick to downtick ratio was 0.59. The transaction value on upticks was $46.36 million and on downticks, the transaction value was $78 million. In block trades, the transaction value of inflow done during uptick was $8.59 million. The transaction value of block trades during downticks was $37.73 million. The uptick to downtick block trade ratio was 0.23. The money flow was negative ($29.14 million), indicating the traders were booking profit on the price strength. Coca-Cola Company (The) (KO) rose $0.22 at $43.54, during intraday Tuesday , a rise of 0.51% over the previous days close.
Also, Equity analysts at the Brokerage firm Jefferies maintains its rating on Coca-Cola Company (The) (NYSE:KO). The rating major has initiated the coverage with hold rating on the shares. The Analysts at Jefferies lowers the price target from $46 per share to $45 per share. The rating by the firm was issued on July 28, 2016.
The Coca-Cola Company has lost 1.39% in the last five trading days and dropped 0.48% in the last 4 weeks. The Coca-Cola Company has dropped 2.52% during the last 3-month period . Year-to-Date the stock performance stands at 2.21%.
Coca-Cola Company (The) (NYSE:KO): The stock opened at $43.46 on Tuesday but the bulls could not build on the opening and the stock topped out at $43.53 for the day. The stock traded down to $43.12 during the day, due to lack of any buying support eventually closed down at $43.24 with a loss of -0.69% for the day. The stock had closed at $43.54 on the previous day. The total traded volume was 9,720,067 shares.
In a related news,The officer (Executive Vice President) of Coca Cola Co, Douglas J Alexander Jr sold 572,748 shares at $45.25 on June 20, 2016. The Insider selling transaction had a total value worth of $25,916,847. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
The Coca-Cola Company is a beverage company. The Company owns or licenses and markets more than 500 nonalcoholic beverage brands, primarily sparkling beverages but also a range of still beverages, such as waters, enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks. It owns and markets a range of nonalcoholic sparkling beverage brands, such as Coca-Cola, Diet Coke, Fanta and Sprite. The Company makes its beverage products available to consumers throughout the world through its network of Company-owned or controlled bottling and distribution operations, as well as independent bottling partners, distributors, wholesalers and retailers. The Companys segments include Eurasia and Africa, Europe, Latin America, North America, Asia Pacific, Bottling Investments and Corporate.