Coca-Cola Enterprises (CCE) has risen sharply, recording gains of 5.72% in the past 4 weeks. However, the stock has corrected -2.41% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 2.28% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.87% and the 50-Day Moving Average is 0.58%. Coca-Cola European Partners Plc has dropped 0.46% during the last 3-month period . Year-to-Date the stock performance stands at 6.74%.
Coca-Cola Enterprises (NYSE:CCE): On Fridays trading session , Opening price of the stock was $37.65 with an intraday high of $37.67. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $37.14. However, the stock managed to close at $37.33, a loss of 0.59% for the day. On the previous day, the stock had closed at $37.55. The total traded volume of the day was 1,281,937 shares.
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.