Large Outflow of Money Witnessed in Coca-Cola Enterprises

Coca-Cola Enterprises (CCE) : Net money flow in Coca-Cola Enterprises (CCE) was negative ($6.68 million) and the inflow of money on uptick was $9.02 million, whereas, the outflow of money on downticks amounted to $15.7 million on Wednesday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.57. The block trades show that the large investors, were aggressive sellers in the stock. The total value of block trades on upticks was only $0.45 million. On the other hand, the total value of block trades done on downticks was $7.07 million. The ratio of uptick to downtick block trades was 0.06. The money flow in block trades was negative ($6.62). Coca-Cola Enterprises (CCE) gained $0.01 cent during the day and reached $39.41, a gain of 0.03% over the previous day.


Coca-Cola European Partners Plc has dropped 0.88% in the last five trading days, however, the shares have posted positive gains of 1.78% in the last 4 weeks. Coca-Cola European Partners Plc is up 12.85% in the last 3-month period. Year-to-Date the stock performance stands at 12.51%.

Coca-Cola Enterprises (CCE) : The consensus on Coca-Cola Enterprises (CCE) based on 9 analyst recommendation on the company stock is 2.22, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 5 which endorses a Strong Sell on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Coca-Cola Enterprises (NYSE:CCE): stock was range-bound between the intraday low of $39.08 and the intraday high of $39.65 after having opened at $39.56 on Wednesdays session. The stock finally closed in the red at $39.56, a loss of -0.13%. The stock remained in the red for the whole trading day. The total traded volume was 2,514,270 shares. The stock failed to cross $39.65 in Wednesdays trading. The stocks closing price on Thursday was $39.4.

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.

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