Coca-Cola Company (The) (KO) : On Thursday, The money flowed into the Coca-Cola Company (The) (KO) stock with an uptick to downtick ratio was recorded at 1.62. Transactions worth $83.06 million were done on upticks, confirming the buying interest in the stock. The outflow of money on downticks stood at $51.25 million. The total money flow into the stock was $31.81 million. The block trades reveal a bullish bias with an up-down ratio of 9.45. The investors are using every small weakness in the stock to accumulate it, as can be seen in the $36.76 million of block transactions on upticks. The value of block trades on downticks was $3.89 million, indicating lower selling interest. The total money flow in block trades was $32.86 million. In terms of price action, Coca-Cola Company (The) (KO) traded down $0.18 during the session at $45.09. Compared to the previous days closing, the stock was down only by -0.4%. For the week, the stock is -0.07%, over previous weeks closing.
Coca-Cola Company (The) (KO) : 12 Wall Street analysts covering Coca-Cola Company (The) (KO) believe that the average level the stock could reach for the short term is $47.42. The maximum price target given is $54 and the minimum target for short term is around $40, hence the standard deviation is calculated at $4.6. The stock has recorded a 20-day Moving Average of 0.31% and the 50-Day Moving Average is 0.86%.
Coca-Cola Company (The) (NYSE:KO): The stock opened at $45.42 on Thursday but the bulls could not build on the opening and the stock topped out at $45.52 for the day. The stock traded down to $44.97 during the day, due to lack of any buying support eventually closed down at $45.09 with a loss of -0.40% for the day. The stock had closed at $45.27 on the previous day. The total traded volume was 9,741,108 shares.
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.