Coca-Cola Co (KO) distance from 200-day Simple Moving Average is $58.96: Right on the Precipice

Witnessing the stock’s movement on the chart, on Wednesday Coca-Cola Co (NYSE: KO) set off with pace as it heaved 1.50% to $61.55, before settling in for the price of $60.64 at the close. Taking a more long-term approach, KO posted a 52-week range of $51.55-$64.99.

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The Consumer Defensive Sector giants’ yearly sales growth during the last 5-year period was 6.53%. Meanwhile, its Annual Earning per share during the time was 10.53%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 4.60%. This publicly-traded company’s shares outstanding now amounts to $4.31 billion, simultaneously with a float of $4.28 billion. The organization now has a market capitalization sitting at $265.35 billion. At the time of writing, stock’s 50-day Moving Average stood at $59.99, while the 200-day Moving Average is $58.96.

Coca-Cola Co (KO) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Beverages – Non-Alcoholic industry. Coca-Cola Co’s current insider ownership accounts for 0.62%, in contrast to 72.58% institutional ownership. According to the most recent insider trade that took place on Mar 13 ’24, this organization’s Executive Vice President sold 57,368 shares at the rate of 60.87, making the entire transaction reach 3,492,111 in total value, affecting insider ownership by 223,330. Preceding that transaction, on Mar 04 ’24, Company’s President, Latin America OU sold 18,551 for 59.41, making the whole transaction’s value amount to 1,102,208. This particular insider is now the holder of 0 in total.

Coca-Cola Co (KO) Earnings and Revenue Records

Coca-Cola Co’s EPS increase for this current 12-month fiscal period is 4.60% and is forecasted to reach 3.00 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 6.04% through the next 5 years, which can be compared against the 10.53% growth it accomplished over the previous five years trading on the market.

Coca-Cola Co (NYSE: KO) Trading Performance Indicators

Let’s observe the current performance indicators for Coca-Cola Co (KO). It’s Quick Ratio in the last reported quarter now stands at 0.95. The Stock has managed to achieve an average true range (ATR) of 0.78. Alongside those numbers, its PE Ratio stands at $24.93, and its Beta score is 0.58. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.79. Similarly, its price to free cash flow for trailing twelve months is now 27.22.

In the same vein, KO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.47, a figure that is expected to reach 0.70 in the next quarter, and analysts are predicting that it will be 3.00 at the market close of one year from today.

Technical Analysis of Coca-Cola Co (KO)

Going through the that latest performance of [Coca-Cola Co, KO]. Its last 5-days volume of 16.24 million indicated improvement to the volume of 13.97 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 97.69% While, its Average True Range was 0.84.

Raw Stochastic average of Coca-Cola Co (KO) in the period of the previous 100 days is set at 97.61%, which indicates a major rise in contrast to 97.31% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 14.42% that was higher than 12.12% volatility it exhibited in the past 100-days period.