Coca-Cola Consolidated Inc (NASDAQ:COKE) shares, rose in value on Friday, May 30, with the stock price up by 0.58% to the previous day’s close as strong demand from buyers drove the stock to $114.65.
Actively observing the price movement in the last trading, the stock closed the session at $113.99. The PE ratio was 19.94 over 12-month period. Referring to stock’s 52-week performance, its high was $146.09, and the low was $96.37. On the whole, COKE has fluctuated by -15.44% over the past month.
With the market capitalization of Coca-Cola Consolidated Inc currently standing at about $9.99 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.80, with its dividend yield at 0.70%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that COKE’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of COKE currently trading nearly -0.71% and -9.81% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 38.92, while the 7-day volatility ratio is showing 1.04% which for the 30-day chart, stands at 1.77%. Furthermore, Coca-Cola Consolidated Inc (COKE)’s beta value is 0.80, and its average true range (ATR) is 3.91.
A comparison of Coca-Cola Consolidated Inc (COKE) with its peers suggests the former has fared considerably weaker in the market. COKE showed an intraday change of 0.58% in last session, and over the past year, it grew by 16.00%%.
Data on historical trading for Coca-Cola Consolidated Inc (NASDAQ:COKE) indicates that the trading volumes over the past 3 months, they’ve averaged 616.47K. According to company’s latest data on outstanding shares, there are 77.13 million shares outstanding.
Nearly 33.91% of Coca-Cola Consolidated Inc’s shares belong to company insiders and institutional investors own 50.49% of the company’s shares. The stock has fallen by -9.01% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the COKE stock heading into the next quarter.
