Coca-Cola Company (The) (KO) : During the past 4 weeks, traders have been relatively bearish on Coca-Cola Company (The) (KO), hence the stock is down -4.53% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.22% relative to the S&P 500. The 4-week change in the price of the stock is -4.17% and the stock has fallen -0.25% in the past 1 week.
The Coca-Cola Company is up 0.7% in the last 3-month period. Year-to-Date the stock performance stands at 3.82%. The stock has recorded a 20-day Moving Average of 0.08% and the 50-Day Moving Average is 1.69%.
Coca-Cola Company (The) (NYSE:KO): The stock opened at $44.05 on Friday but the bulls could not build on the opening and the stock topped out at $44.06 for the day. The stock traded down to $43.74 during the day, due to lack of any buying support eventually closed down at $43.92 with a loss of -0.41% for the day. The stock had closed at $44.10 on the previous day. The total traded volume was 9,385,920 shares.
Also, In the latest statement by the brokerage house, Jefferies maintains its outlook on Coca-Cola Company (The) (NYSE:KO). The current rating of the shares is Hold, according to the research report released by the firm. The brokerage firm 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 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.