Shares of Coca-Cola Enterprises (CCE) Rally 2.49%

Coca-Cola Enterprises (CCE) has been under a strong bear grip, hence the stock is down -6.36% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.98% in the past 1 week. The stock has risen by 2.49% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.27% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 1.86% and the 50-Day Moving Average is 1.59%.

Coca-Cola Enterprises (NYSE:CCE): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $36.55 and $36.49 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $36.69. The buying momentum continued till the end and the stock did not give up its gains. It closed at $36.62, notching a gain of 0.05% for the day. The total traded volume was 2,517,585 . The stock had closed at $36.60 on the previous day.


The company Insiders own 3% of Coca-Cola Enterprises shares according to the proxy statements. Institutional Investors own 80.57% of Coca-Cola Enterprises shares. In a related news,The director officer (Chairman and CEO) of Coca-Cola Enterprises, Inc., Brock John sold 590,779 shares at $48.64 on March 1, 2016. The Insider selling transaction had a total value worth of $28,735,491. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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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