Coca-Cola Co (KO) volume exceeds 11.73 million: A new investment opportunity for investors

On Friday, Coca-Cola Co (NYSE: KO) opened lower -0.46% from the last session, before settling in for the closing price of $65.31. Price fluctuations for KO have ranged from $56.06 to $73.53 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Consumer Defensive sector saw sales topped by 6.53%. Company’s average yearly earnings per share was noted 6.10% at the time writing. With a float of $4.27 billion, this company’s outstanding shares have now reached $4.31 billion.

The extent of productivity of a business whose workforce counts for 79100 workers is very important to gauge. In terms of profitability, gross margin is 60.43%, operating margin of 20.61%, and the pretax margin is 27.52%.

Coca-Cola Co (KO) Insider Updates

A key investor’s attitude towards the stock of the Beverages – Non-Alcoholic industry is another important factor to consider. The insider ownership of Coca-Cola Co is 0.77%, while institutional ownership is 72.74%. The most recent insider transaction that took place on Aug 27 ’24, was worth 1,321,606. In this transaction Executive Vice President of this company sold 18,484 shares at a rate of $71.50, taking the stock ownership to the 223,330 shares. Before that another transaction happened on Aug 26 ’24, when Company’s Chairman and CEO sold 42,397 for $70.02, making the entire transaction worth $2,968,569. This insider now owns 442,546 shares in total.

Coca-Cola Co (KO) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 6.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.48% during the next five years compared to 10.53% growth over the previous five years of trading.

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

Check out the current performance indicators for Coca-Cola Co (KO). In the past quarter, the stock posted a quick ratio of 0.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.01. Likewise, its price to free cash flow for the trailing twelve months is 81.70.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.41, a number that is poised to hit 0.52 in the next quarter and is forecasted to reach 2.98 in one year’s time.

Technical Analysis of Coca-Cola Co (KO)

The latest stats from [Coca-Cola Co, KO] show that its last 5-days average volume of 13.4 million was superior to 13.26 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 5.01%. Additionally, its Average True Range was 1.03.

During the past 100 days, Coca-Cola Co’s (KO) raw stochastic average was set at 26.46%, which indicates a significant increase from 1.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.45% in the past 14 days, which was lower than the 13.61% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $70.24, while its 200-day Moving Average is $64.39. Now, the first resistance to watch is $65.48. This is followed by the second major resistance level at $65.96. The third major resistance level sits at $66.25. If the price goes on to break the first support level at $64.71, it is likely to go to the next support level at $64.42. Assuming the price breaks the second support level, the third support level stands at $63.94.

Coca-Cola Co (NYSE: KO) Key Stats

There are currently 4,307,797K shares outstanding in the company with a market cap of 278.76 billion. Presently, the company’s annual sales total 45,754 M according to its annual income of 10,714 M. Last quarter, the company’s sales amounted to 11,854 M and its income totaled 2,848 M.