Among the biggest risers on the S&P 500 on Thursday January 28 was Monster Beverage Corporation ($MNST), popping some 3.26% to a price of $88.73 a share with
some 1.77 million shares trading hands.
Starting the day trading at $86.78, Monster Beverage Corporation reached an intraday high of $89.33 and hit intraday lows of $86.63. Shares gained $2.8 apiece by day’s end. Over the last 90
days, the stock’s average daily volume has been n/a of its 527.92 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day
SMA at $n/a with a 52-week range of $50.07 to $95.11.
Monster Beverage is a leader in the energy drink subsegment of the beverage industry. The Monster trademark anchors its portfolio, and notable offerings include Monster Energy, Monster Ultra, and Java Monster. Operationally, the firm is primarily a brand owner, outsourcing most of its manufacturing processes to third-party copackers. It primarily uses the Coca-Cola bottling system for distribution after a strategic agreement in which Coke became Monster’s largest shareholder (roughly 19%) and that also included the exchange of certain businesses between the two firms. Most of Monster’s revenue is generated in the United States, though international geographies are increasing in the mix as its products’ distribution scales across the Coca-Cola network.
Monster Beverage Corporation has its corporate headquarters located in Corona, CA and employs 2,422 people. Its market cap has now risen to $46.84 billion after today’s trading, its P/E
ratio is now n/a, its P/S n/a, P/B 10.12, and P/FCF n/a.
You can find a complete fundamental analysis of this stock at our For a complete fundamental analysis analysis of Monster Beverage Corporation, check out Stock Valuation Analysis tool for MNST.
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The Dow Jones Industrial Average (DJIA) is the most visible stock index in the United States, but that doesn’t make it the best. In fact, the industry standard for market watchers and institutional
investors in gauging portfolio performance is the S&P 500.
The DJIA relies on just 30 stocks as a sample of large- and mega-cap firms, dwarfed by the 500 contained in the S&P 500, and it also weights its returns using an outdated and flawed price-weighting
method. The S&P 500’s weighting is based on market cap, making it a much better representation of actual market performance for large- and mega-cap stocks.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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