A new trading day began on Friday, with Vita Coco Company Inc (NASDAQ: COCO) stock price up 7.97% from the previous day of trading, before settling in for the closing price of $29.61. COCO’s price has ranged from $19.41 to $31.54 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 14.92%. Meanwhile, its annual earnings per share averaged 24.56%. With a float of $38.35 million, this company’s outstanding shares have now reached $56.90 million.
Let’s determine the extent of company efficiency that accounts for 294 employees. In terms of profitability, gross margin is 39.76%, operating margin of 15.15%, and the pretax margin is 15.58%.
Vita Coco Company Inc (COCO) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Beverages – Non-Alcoholic Industry. The insider ownership of Vita Coco Company Inc is 32.47%, while institutional ownership is 61.90%. The most recent insider transaction that took place on Nov 01 ’24, was worth 296,100. Before that another transaction happened on Nov 01 ’24, when Company’s Officer proposed sale 9,675 for $29.61, making the entire transaction worth $286,477.
Vita Coco Company Inc (COCO) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 24.56% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.16% during the next five years compared to 47.06% growth over the previous five years of trading.
Vita Coco Company Inc (NASDAQ: COCO) Trading Performance Indicators
Here are Vita Coco Company Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.96. Likewise, its price to free cash flow for the trailing twelve months is 27.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.00, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 1.13 in one year’s time.
Technical Analysis of Vita Coco Company Inc (COCO)
Looking closely at Vita Coco Company Inc (NASDAQ: COCO), its last 5-days average volume was 1.0 million, which is a jump from its year-to-date volume of 0.62 million. As of the previous 9 days, the stock’s Stochastic %D was 46.11%. Additionally, its Average True Range was 1.21.
During the past 100 days, Vita Coco Company Inc’s (COCO) raw stochastic average was set at 89.28%, which indicates a significant increase from 76.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.06% in the past 14 days, which was higher than the 39.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $27.95, while its 200-day Moving Average is $25.92. However, in the short run, Vita Coco Company Inc’s stock first resistance to watch stands at $33.54. Second resistance stands at $35.10. The third major resistance level sits at $37.23. If the price goes on to break the first support level at $29.85, it is likely to go to the next support level at $27.72. Should the price break the second support level, the third support level stands at $26.16.
Vita Coco Company Inc (NASDAQ: COCO) Key Stats
With a market capitalization of 1.96 billion, the company has a total of 56,732K Shares Outstanding. Currently, annual sales are 493,610 K while annual income is 46,630 K. The company’s previous quarter sales were 144,120 K while its latest quarter income was 19,090 K.
