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. Until today this year the stock’s price performance recorded an increase of 7.43%. However, over the last six months, the performance has been weaker by 12.54%. The price of KO increased 1.22% over the last 30 days. And in the last five days, it has surged by 0.84%.
Coca-Cola Co (KO) current stock price is $70.06. During the last trading session, the stock soared, reaching $86.0 after opening at $70.15. The stock’s lowest point was $59.6 before it closed at $69.85.
Coca-Cola Co’s stock has seen a smooth market performance.
52-week price history of KO Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Coca-Cola Co’s current trading price is -5.81% away from its 52-week high, while its distance from the 52-week low is 15.57%. The stock’s price range for this period has been between $60.62 and $74.38. The Consumer Defensive sector company’s shares saw a trading volume of about 5.96 million for the day, which was lower than the average daily volume of 15.8 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Coca-Cola Co (KO) has experienced a quarterly decline of -4.03% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 301.54B and boasts a workforce of 69700 employees.
Expert Opinions: Analysts’ Ratings for Coca-Cola Co
As of right now, 14 analysts are rating Coca-Cola Co as a BUY, 8 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
How Moving Averages and Trading Volume Data Work Together
KO’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for KO stands at 1.87. Similarly, the long-term debt-to-equity ratio is also 1.66.
