Coca-Cola Consolidated (NASDAQ:COKE) Hits New 12-Month High at $638.97

Coca-Cola Consolidated, Inc. (NASDAQ:COKE)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $638.97 and last traded at $626.40, with a volume of 729 shares trading hands. The stock had previously closed at $602.74.

The company has a quick ratio of 1.08, a current ratio of 1.39 and a debt-to-equity ratio of 1.26. The company has a market cap of $5.77 billion, a PE ratio of 24.47 and a beta of 0.97. The stock has a 50-day simple moving average of $568.57 and a 200 day simple moving average of $457.77.

Coca-Cola Consolidated (NASDAQ:COKE) last released its earnings results on Monday, November 8th. The company reported $10.09 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $7.86 by $2.23. The firm had revenue of $1.46 billion during the quarter. Coca-Cola Consolidated had a return on equity of 49.88% and a net margin of 4.35%.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. DekaBank Deutsche Girozentrale acquired a new position in Coca-Cola Consolidated during the 3rd quarter worth approximately $30,000. PFG Private Wealth Management LLC acquired a new position in Coca-Cola Consolidated during the 3rd quarter worth approximately $30,000. Geneos Wealth Management Inc. grew its holdings in shares of Coca-Cola Consolidated by 50.0% in the 3rd quarter. Geneos Wealth Management Inc. now owns 75 shares of the company’s stock worth $29,000 after acquiring an additional 25 shares during the period. Liberty Wealth Management LLC grew its holdings in shares of Coca-Cola Consolidated by 196.3% in the 3rd quarter. Liberty Wealth Management LLC now owns 80 shares of the company’s stock worth $35,000 after acquiring an additional 53 shares during the period. Finally, Alaethes Wealth LLC acquired a new stake in shares of Coca-Cola Consolidated in the 2nd quarter worth approximately $47,000. 59.25% of the stock is owned by hedge funds and other institutional investors.

About Coca-Cola Consolidated (NASDAQ:COKE)

Coca-Cola Consolidated, Inc engages in the production, marketing, and distribution of nonalcoholic beverages. Its products include sparkling and still beverages as well as energy products and noncarbonated beverages such as bottled water, tea, ready to drink coffee, enhanced water, juices, and sports drinks.

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