Coca-Cola Company (The) (KO) Closes 0.02% Up on the Day for November 23

Coca-Cola Company (The) (KO) Closes 0.02% Up on the Day for November 23

Shares of Coca-Cola Company (The) (KO) ended the trading day Monday at $52.68,
representing a move of 0.02%, or $0.01 per share, on volume of 13.18 million shares.

Coca-Cola is the largest nonalcoholic beverage entity in the world, owning and marketing some of the leading carbonated beverage brands, such as Coke, Fanta, and Sprite, as well as nonsparkling brands, such as Minute Maid, Georgia Coffee, and Glaceau. Operationally, the firm focuses its manufacturing efforts early in the supply chain, making the concentrate (or beverage bases) for its drinks that are then processed and distributed by its network of more than 100 bottlers. Concentrate operations represented 85% of the company’s unit case volume in 2018. Coca-Cola recently expanded its presence in the hot-beverage market through its acquisition of Costa, a leading coffee company in the United Kingdom. The firm generates most of its revenue internationally.

After opening the trading day at $52.95, shares of Coca-Cola Company (The) traded between a range of $52.20 and $53.17. Coca-Cola Company (The) currently has a total float of 4.3 billion
shares and on average sees n/a shares exchange hands each day.

The stock now has a 50-day SMA of $n/a and 200-day SMA of $n/a, and it has a high of $60.14 and low of $36.28 over the last year.

Coca-Cola Company (The) is based out of Atlanta, GA, and has 86,200 employees. The company’s CEO is James Robert Quincey.

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The Dow Jones Industrial Average is the oldest and most-often cited stock market index for the American equities market. Along
with other major indices such as the S&P 500 and Nasdaq, it remains one of the most visible representations of the stock market to the outside world. The index consists of 30 blue chip companies and
is a price-weighted index as opposed to a market-cap weighted index. This approach has made it somewhat controversial among market watchers. (See: Opinion: The DJIA is a Relic and We Need to Move On)
The history of the index dates all the way back to 1896 when it was first created by Charles Dow, the legendary founding editor of the Wall Street Journal and founder of Dow Jones & Company, and
Edward Jones, a statistician. The price-weighted, scaled index has since become a standard part of most major daily news recaps and has seen dozens of different companies pass through its ranks,
with only General Electric ($GE) remaining on the index since its inception.

To get more information on Coca-Cola Company (The) and to follow the company’s latest updates, you can visit the company’s profile page here:
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:

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2020-11-23 22:07:00

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