Monster Beverage Corporation (MNST) : During the past 4 weeks, traders have been relatively bearish on Monster Beverage Corporation (MNST), hence the stock is down -1.08% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.04% relative to the S&P 500. The 4-week change in the price of the stock is -0.7% and the stock has fallen -1.07% in the past 1 week.
Monster Beverage Corporation is up 7.81% in the last 3-month period. Year-to-Date the stock performance stands at 7.04%. The stock has recorded a 20-day Moving Average of 0.32% and the 50-Day Moving Average is 0.57%.
Monster Beverage Corporation (NASDAQ:MNST): The stock opened at $160.74 on Friday but the bulls could not build on the opening and the stock topped out at $161.62 for the day. The stock traded down to $159.22 during the day, due to lack of any buying support eventually closed down at $159.45 with a loss of -0.61% for the day. The stock had closed at $160.43 on the previous day. The total traded volume was 755,389 shares.
Also, Equity Analysts at the Jefferies maintains the rating on Monster Beverage Corporation (NASDAQ:MNST). The brokerage firm has issued a Hold rating on the shares. The Analysts at the ratings agency raises the price target from $162 per share to $175 per share. The rating by the firm was issued on August 18, 2016.