Coca-Cola Enterprises (CCE) : The value of composite uptick trades was $7.98 million, whereas, the value of composite downtick trades was $25.66 million. The uptick to downtick ratio stood at 0.31 with a negative money flow of ($17.67) Million during Tuesdays trading session. The block trades money flow was negative ($18.51 million).The uptick to the downtick ratio of 0.03 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $0.48 million. The transaction of the trades on downticks amounted to $18.99 million, which confirms investors selling on the strength of price. Coca-Cola Enterprises (CCE) gained 5 cents at $38.66, an increase of 0.13% over the previous days close.
Also, Societe Generale upgrades its rating on Coca-Cola Enterprises (NYSE:CCE). Analysts at the Societe Generale have a current rating of Buy on the shares. The shares were previously rated Hold. The rating by the firm was issued on July 19, 2016.
Coca-Cola European Partners Plc has dropped 0.39% in the last five trading days, however, the shares have posted positive gains of 0.55% in the last 4 weeks. Coca-Cola European Partners Plc has dropped 2.8% during the last 3-month period . Year-to-Date the stock performance stands at 9.11%.
Coca-Cola Enterprises (NYSE:CCE): The stock opened at $38.81 on Tuesday but the bulls could not build on the opening and the stock topped out at $38.81 for the day. The stock traded down to $38.13 during the day, due to lack of any buying support eventually closed down at $38.16 with a loss of -1.29% for the day. The stock had closed at $38.66 on the previous day. The total traded volume was 1,310,115 shares.
In a related news, Brock John, director officer (Chairman and CEO) of Coca-Cola Enterprises, Inc., unloaded 590,779 shares at an average price of $48.64 on March 1, 2016. The total amount of the transaction was worth $28,735,491, according to the disclosed information 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.