Overall market sentiment has been neutral on Coca-Cola Co (KO) stock lately. KO receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.
Coca-Cola Co has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on KO!
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With KO Stock Today?
Coca-Cola Co (KO) stock is trading at $62.41 as of 10:08 AM on Tuesday, Jun 7, a decline of -$0.46, or -0.73% from the previous closing price of $62.87. The stock has traded between $62.22 and $62.58 so far today. Volume today is below average. So far 2,106,321 shares have traded compared to average volume of 20,824,072 shares.
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More About Coca-Cola Co
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, Costa, 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 represent roughly 85% of the company's unit case volume.
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