Dr Pepper Snapple Group Inc (DPS) : On Wednesday, The money flowed into the Dr Pepper Snapple Group Inc (DPS) stock with an uptick to downtick ratio was recorded at 1.13. Transactions worth $8.97 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $7.94 million. The total money flow into the stock was $1.03 million. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $1.31 million of block transactions on upticks. The total money flow in block trades was $1.31 million. In terms of price action, Dr Pepper Snapple Group Inc (DPS) traded down $0.44 during the session at $97.42. Compared to the previous days closing, the stock was down only by -0.45%. For the week, the stock is 0.42%, over previous weeks closing.
Also, Brokerage firm Goldman Sachs maintains its rating on Dr Pepper Snapple Group Inc (NYSE:DPS). As per the latest information, the brokerage house lowers the price target to $89 per share from a prior target of $90. The shares have been rated Sell. The rating by the firm was issued on June 29, 2016.
Dr Pepper Snapple Group Inc (NYSE:DPS): The stock opened at $97.97 on Wednesday but the bulls could not build on the opening and the stock topped out at $98.33 for the day. The stock traded down to $97.33 during the day, due to lack of any buying support eventually closed down at $97.79 with a loss of -0.07% for the day. The stock had closed at $97.86 on the previous day. The total traded volume was 1,219,022 shares.
The stock has recorded a 20-day Moving Average of 2.16% and the 50-Day Moving Average is 4.48%. In a related news, The Securities and Exchange Commission has divulged that Szostak M Anne, director of Dr Pepper Snapple Group, Inc., had unloaded 3,000 shares at an average price of $94.77 in a transaction dated on May 11, 2016. The total value of the transaction was worth $284,310.
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.