Dr Pepper Snapple Group Inc (NYSE:DPS) : Traders are bullish on Dr Pepper Snapple Group Inc (NYSE:DPS) as it has outperformed the S&P 500 by a wide margin of 3.65% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.26%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.55% in the last 1 week, and is up 5.32% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 24.03% from its 1 Year high price. On Jul 7, 2016, the shares registered one year high at $98.40 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $93.14 and the 200 Day Moving Average price is recorded at $91.83.
The stock has recorded a 20-day Moving Average of 3.73% and the 50-Day Moving Average is 4.77%.
Dr Pepper Snapple Group Inc (NYSE:DPS): stock turned positive on Friday. Though the stock opened at $97.25, the bulls momentum made the stock top out at $97.43 level for the day. The stock recorded a low of $96.52 and closed the trading day at $97.13, in the green by 0.12%. The total traded volume for the day was 822,498. The stock had closed at $97.01 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Dr Pepper Snapple Group, Inc., Szostak M Anne had sold 3,000 shares worth of $284,310 in a transaction dated May 11, 2016. In this transaction, 3,000 shares were sold at $94.77 per share.
Dr Pepper Snapple Group, Inc. is a brand owner, manufacturer and distributor of non-alcoholic beverages. The Company operates in the United States, Canada and Mexico. Its products comprise flavored (non-cola) carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, water and mixers. The Company operates under three segments: Beverage Concentrates, Packaged Beverages and Latin America Beverages. The Companys brands include Dr Pepper, Canada Dry, 7UP, A&W, Sunkist, Squirt, Penafiel, Crush, Schweppes, RC Cola, Snapple, Hawaiian Punch, Motts, Clamato, Aguafiel, Mr & Mrs T, Roses and Margaritaville, among others. The Company distributes finished beverages and manufactures beverage concentrates and fountain syrups. The Company caters to bottlers and distributors, and retailers.