Morning Technical Insight on These Beverages Stocks -- Monster Beverage, Coca-Cola, Coca-Cola European Partners, and Cott
NEW YORK, Dec 8, 2017 /PRNewswire/ --
In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on MNST, KO, CCE, and COT which is a click away at http://www.wallstequities.com/registration. Featured today on WallStEquities.com is the Beverages industry, particularly, the Soft Drinks space, which is engaged in the production, marketing, and distribution of non-alcoholic and generally carbonated, flavored, and sweetened, water-based beverages. Under assessment this morning are: Monster Beverage Corp. (NASDAQ: MNST), The Coca-Cola Co. (NYSE: KO), Coca-Cola European Partners PLC (NYSE: CCE), and Cott Corp. (NYSE: COT). In its free research reports, Wall St. Equities offers timely insights on these equities at: http://www.wallstequities.com/registration
Monster Beverage
Corona, California headquartered Monster Beverage Corp.'s shares saw a decline of 1.53%, finishing Thursday's trading session at $62.30. A total volume of 2.36 million shares was traded, which was higher than their three months average volume of 1.95 million shares. In the last month and the previous three months, the stock has advanced 7.56% and 10.62%, respectively. Additionally, the Company's shares have gained 40.51% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 6.57% and 19.43%, respectively. Moreover, shares of Monster Beverage, which through its subsidiaries, develops, markets, sells, and distributes energy drink beverages, soda, and its concentrates in the US and internationally, have a Relative Strength Index (RSI) of 62.05.
On November 28th, 2017, research firm Jefferies reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $64 a share to $72 a share. Today's daily Complimentary report on MNST is accessible at: http://www.wallstequities.com/registration/?symbol=MNST
Coca-Cola
On Thursday, shares in Atlanta, Georgia headquartered The Coca-Cola Co. recorded a trading volume of 9.07 million shares, and ended the session 1.44% lower at $45.78. The stock has gained 10.42% on an YTD basis. The Company's shares are trading 2.29% above their 200-day moving average. Furthermore, shares of Coca-Cola, which manufactures and distributes various nonalcoholic beverages worldwide, have an RSI of 46.37.
On November 14th, 2017, research firm Wells Fargo upgraded the Company's stock rating from 'Market Perform' to 'Outperform'. To experience our free membership services anytime/ anywhere and access the free report on KO, click to register at: http://www.wallstequities.com/registration/?symbol=KO
Coca-Cola European Partners
Shares in Uxbridge, the UK-based Coca-Cola European Partners PLC closed at $39.32, slightly down 0.56% from the last trading session. The stock recorded a trading volume of 5.42 million shares, which was above its three months average volume of 1.43 million shares. The Company's shares have gained 3.77% in the last one month and 25.22% since the start of this year. The stock is trading 2.07% below its 200-day moving average. Additionally, shares of the Company, which together with its subsidiaries, produces, distributes, and sells a range of non-alcoholic ready-to-drink beverages, have an RSI of 48.75.
On November 13th, 2017, research firm Susquehanna downgraded the Company's stock rating from 'Neutral' to 'Negative'. Join our big investor community at Wall St. Equities today and start so with your free report on CCE at: http://www.wallstequities.com/registration/?symbol=CCE
Cott
Tampa, Florida-based Cott Corp.'s stock ended 0.34% higher at $17.50 with a total trading volume of 1.38 million shares. The Company's shares have advanced 21.61% in the last one month, 13.56% over the previous three months, and 54.46% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 11.37% and 22.87%, respectively. Furthermore, shares of Cott, which together with its subsidiaries, produces and sells beverages on behalf of retailers, brand owners, and distributors worldwide, have an RSI of 69.12.
On November 22nd, 2017, Cott announced that its wholly owned subsidiary, Cott Beverages, Inc., gave notice to Wells Fargo Bank, National Association - the trustee governing its $525,000,000 aggregate principal amount of 5.375% Senior Notes due 2022 - of its intent to conditionally redeem all of the outstanding Senior Notes on January 03rd, 2018. Additionally, Cott's wholly owned subsidiary, DS Services of America, Inc., gave notice to Wilmington Trust, National Association - the trustee and the collateral agent governing its $250,000,000 aggregate principal amount of 10.000% Second-Priority Senior Secured Notes due 2021 of its intent to conditionally redeem all of the outstanding Senior Secured Notes on January 03rd, 2018. Know more about COT in our free research coverage at: http://www.wallstequities.com/registration/?symbol=COT
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