Coca-Cola Company (The) (KO) : During the past 4 weeks, traders have been relatively bearish on Coca-Cola Company (The) (KO), hence the stock is down -2.39% 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 -0.93% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.55% in the last 1 week, and is up 1.88% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 1.32% and the 50-Day Moving Average is 1.76%.
Coca-Cola Company (The) (NYSE:KO): The stock opened at $45.88 on Friday but the bulls could not build on the opening and the stock topped out at $45.90 for the day. The stock traded down to $45.44 during the day, due to lack of any buying support eventually closed down at $45.63 with a loss of -0.13% for the day. The stock had closed at $45.69 on the previous day. The total traded volume was 10,620,966 shares.
The company Insiders own 1.54% of Coca-Cola Company (The) shares according to the proxy statements. Institutional Investors own 65.62% of Coca-Cola Company (The) shares. In a related news, The Securities and Exchange Commission has divulged that Douglas J Alexander Jr, officer (Executive Vice President) of Coca Cola Co, had unloaded 572,748 shares at an average price of $45.25 in a transaction dated on June 20, 2016. The total value of the transaction was worth $25,916,847.
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.