Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Coca-Cola Co’s current trading price is -12.82% away from its 52-week high, while its distance from the 52-week low is 10.65%. The stock’s price range during this period has varied between $57.93 and $73.53. The company, active in the Consumer Defensive sector, saw a trading volume of around 4.76 million for the day, considerably lower average daily volume of 17.08 million observed over the last three months.
The market performance of Coca-Cola Co has been somewhat stable. Over the past year, the company’s stock achieved a high of $73.53 on 09/04/24, with the lowest value for the same timeframe being $57.93, recorded on 04/16/24.
How Financial Performance Impacts Market Capitalization
Coca-Cola Co (KO) has experienced a quarterly rise of 0.63% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 276.13B and boasts a workforce of 79100 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 65.16, with a change in price of -7.89. Similarly, Coca-Cola Co recorded 15,744,300 in trading volume during the last 100 days, posting a change of -10.95%.
How KO’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for KO stands at 1.74. Similarly, the long-term debt-to-equity ratio is also 1.62.
KO Stock Stochastic Average
As of today, the raw stochastic average of Coca-Cola Co over the last 50 days is at 80.04%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 97.76%. Further, the company’s Stochastic %K and %D values for the last 20 days were 86.48% and 76.42%, respectively.
KO Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a gain of 2.96%.However, over the last six months, we can see a stronger performance of -6.73%. Over the last 30 days, the price of KO has fallen by 3.87%. And in the last five days, it has surged by 1.19%.
