Shares of Coca-Cola Consolidated Inc. (COKE) broke into a new 52-week high yesterday, hitting a peak of $267.89.
Shares closed at $266.27 after opening at $265.26 for a move of -0.09%. The company now has a market cap of $2.5 billion.
Investors and traders can learn a lot about a stock’s momentum when it sets a new 52-week high. As an example, bullish investors view a company hitting its highest price in a year as a sign of
momentum and may interpret it as a signal to buy. On the other hand, bearish investors could view a new 52-week high as a signal of the end of a strong run, with the stock possibly peaking out
before an impending period of decline.
For Coca-Cola Consolidated Inc., the new 52-week high came on volume of 10,992. The stock has a float of 9.37 million shares and average daily volume of $n/a. It has a
50-day SMA of $n/a and a 200-day SMA of $n/a.
For a complete fundamental analysis analysis of Coca-Cola Consolidated Inc., check out Equities.com’s Stock Valuation Analysis report
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Coca-Cola Consolidated Inc sells nonalcoholic beverage products in the United States. The company purchases concentrates and syrups from other beverage manufacturers under a license, then produces, packages, markets, and distributes the beverages to retailers. The company’s primary licensor is Coca-Cola Co., which generally allows it to exclusively market, produce, and distribute Coca-Cola products in specified parts of the U.S.: North Carolina, South Carolina, West Virginia, and parts of Alabama, Georgia, Tennessee, Virginia, Indiana, and Kentucky. The company manages its business in two operating segments. Nonalcoholic Beverages segment which represents the majority of the company’s revenues and All Other segments.
Coca-Cola Consolidated Inc. is based out of Charlotte, NC and has some 16,900 employees. Its CEO is J. Frank Harrison.
Coca-Cola Consolidated Inc. is also a component of the Russell 2000 Index, which is an invaluable tool for any small-cap investor. Consisting of the smaller 2,000 publicly traded companies of the 3,000 largest
companies in America by market cap (which combine to make the broader Russell 3000 index), the Russell 2000 gives the most comprehensive snapshot of the small-cap market of any index out there.
What’s more, the Russell 2000 is maintained by Russell Investments, a company committed to using rules-based methodologies to construct unbiased indices that differ from the committee-selected Dow
Jones Industrial Average or S&P 500.
To get more information on Coca-Cola Consolidated Inc. and to follow the company’s latest updates, you can visit the company’s profile page here:
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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