Pre-Market Technical Recap on Beverages Stocks -- Monster Beverage, Coca Cola European Partners, Cott, and Pepsico
NEW YORK, August 25, 2017 /PRNewswire/ --
If you want a Stock Review on MNST, CCE, COT, or PEP then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. The Beverage industry is a mature sector, which includes companies that market nonalcoholic and alcoholic items. The largest companies offer reliable dividends, with regular increases, and above-average Stock Price Stability. This morning, DailyStockTracker.com has lined up for review four Soft Drinks stocks, particularly: Monster Beverage Corp. (NASDAQ: MNST), Coca-Cola European Partners PLC (NYSE: CCE), Cott Corp. (NYSE: COT), and Pepsico Inc. (NYSE: PEP). Daily Stock Tracker provides great insights on these stocks in its free research reports at:
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Monster Beverage
Corona, California headquartered Monster Beverage Corp.'s shares saw a slight decline of 0.33%, finishing Thursday's trading session at $54.98. A total volume of 1.61 million shares was traded. In the last month and the previous three months, the stock has advanced 2.63% and 8.31%, respectively. Additionally, the Company's shares have gained 24.00% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 5.51% and 16.66%, 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 65.17.
On August 08th, 2017, Monster Beverage reported financial results for the three months ended June 30th, 2017. For Q2 2017, net sales were $907.1 million, gross sales were $1.04 billion and operating expenses were $233.5 million. For the quarter, G&A expenses were $91.4 million; operating income was $350.0 million; and net income was $222.6 million.
On August 09th, 2017, research firm Jefferies reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $63 a share to $65 a share. Free research report on MNST is available at:
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Coca Cola European Partners
On Thursday, shares in Uxbridge, the UK-based Coca-Cola European Partners PLC recorded a trading volume of 1.20 million shares, which was above their three months average volume of 1.04 million shares. The stock ended the session 0.83% lower at $43.20. The Company's shares have gained 0.26% in the last one month, 5.01% over the previous three months, and 37.58% on an YTD basis. The stock is trading 2.39% above its 50-day moving average and 15.20% above its 200-day moving average. Furthermore, shares of Coca-Cola European Partners, which together with its subsidiaries, produces, distributes, and sells a range of non-alcoholic ready-to-drink beverages, have an RSI of 50.90.
On August 14th, 2017, Coca-Cola European Partners said that CEO Damian Gammell and CFO Nik Jhangiani will present at the Barclays Global Consumer Staples Conference on September 07th, 2017, at 9:45 a.m. EDT in Boston. The presentation may be accessed live via webcast on the Company's website. The complimentary research report on CCE can be downloaded at:
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Cott
Shares in Tampa, Florida-based Cott Corp. closed at $15.00, down 1.38% from the last trading session. The stock recorded a trading volume of 706,694 shares. The Company's shares have gained 11.44% over the previous three months and 32.39% since the start of this year. The stock is trading 0.85% and 18.28% above its 50-day and 200-day moving averages, respectively. Additionally, 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 45.27.
On August 02nd, 2017, Cott announced that its Board of Directors declared a quarterly dividend of USD$0.06 per share on common shares. The dividend is payable in cash on September 06th, 2017, to shareowners of record at the close of business on August 23rd, 2017. Visit DailyStockTracker.com today and access our complete research report on COT at:
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Pepsico
Purchase, New York headquartered Pepsico Inc.'s stock ended 0.91% lower at $116.22. A total volume of 4.76 million shares was traded, which was above their three months average volume of 3.27 million shares. The Company's shares have advanced 11.08% on an YTD basis. The stock is trading above its 200-day moving average by 5.10%. Furthermore, shares of Pepsico, which operates as a food and beverage company worldwide, have an RSI of 44.38.
On August 03rd, 2017, Pepsico reported continued progress in the Company's efforts to strengthen its palm oil supply chain, including new steps taken to promote human rights, responsible land use, and supplier transparency. These moves support the Company's previously announced goal for 100% of the palm oil it uses to be sustainably sourced by 2020. Get free access to your research report on PEP at:
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