The trading price of Coca-Cola Co (NYSE:KO) closed higher on Friday, April 19, closing at $60.17, 2.14% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 24.37. In examining the 52-week price action we see that the stock hit a 52-week high of $64.99 and a 52-week low of $51.55. Over the past month, the stock has lost -0.95% in value.
Coca-Cola Co, whose market valuation is $259.40 billion at the time of this writing. The dividend yield on the company stock is 3.10%, while its Forward Dividend ratio is 1.86. Investors’ optimism about the company’s current quarter earnings report is understandable.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Coca-Cola Co No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest KO has a 25% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 4.03, which symbolizes a positive outlook. A quick review shows that KO’s price is currently 0.92% off the SMA20 and 0.44% off the SMA50. The RSI metric on the 14-day chart is currently showing 56.01, and weekly volatility stands at 1.19%. When measured over the past 30 days, the indicator reaches 1.06%. Coca-Cola Co (NYSE:KO)’s beta value is currently sitting at 0.59, while the Average True Range indicator is currently displaying 0.70.
To see how Coca-Cola Co stock has been performing in comparison to its peers in the industry, here are the numbers: KO stock’s performance was 2.14% in the latest trading, and -5.51% in the past year. Coca-Cola Co has a P/E ratio of 24.37.
An evaluation of the daily trading volume of Coca-Cola Co (NYSE:KO) indicates that the 3-month average is 14.07 million.
Currently, records show that 4.31 billion of the company’s shares remain outstanding. The insiders hold 0.62% of outstanding shares, whereas institutions hold 72.59%. However, since the stock’s price has seen 2.10% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
