Pre-Market Technical Recap on Beverages Stocks -- Monster Beverage, Coca-Cola European Partners, Cott, and Pepsico
NEW YORK, September 27, 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. This morning, DailyStockTracker.com shifts focus on the Beverages industry, particularly, the Soft Drinks space. According to an IBISWorld report, industry participants are anticipated to benefit from growing demand for premium beverages in mature markets in the next several years. Equities under review this morning are: 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:
http://dailystocktracker.com/register/
Monster Beverage
Corona, California headquartered Monster Beverage Corp.'s shares rose 0.05%, finishing Tuesday's trading session at $55.20. A total volume of 1.98 million shares was traded, which was higher than their three months average volume of 1.90 million shares. In the previous three months and since the start of this year, the stock has advanced 9.74% and 24.49%, respectively. The Company's shares are trading above their 50-day and 200-day moving averages by 1.38% and 13.89%, 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 45.95.
On September 15th, 2017, research firm Macquarie initiated an 'Outperform' rating on the Company's stock. Free research report on MNST is available at:
http://dailystocktracker.com/registration/?symbol=MNST
Coca-Cola European Partners
On Tuesday, shares in Uxbridge, the UK-based Coca-Cola European Partners PLC recorded a trading volume of 1.81 million shares, which was above their three months average volume of 1.05 million shares. The stock ended the session 0.69% higher at $40.69. The Company's shares have gained 29.59% on an YTD basis, and are trading 6.00% above their 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 35.45.
On September 15th, 2017, research firm Macquarie initiated an 'Outperform' rating on the Company's stock. The complimentary research report on CCE can be downloaded at:
http://dailystocktracker.com/registration/?symbol=CCE
Cott
Shares in Tampa, Florida-based Cott Corp. closed at $14.84, up 0.41% from the last trading session. The stock recorded a trading volume of 2.17 million shares, which was above its three months average volume of 1.13 million shares. The Company's shares have gained 3.41% over the previous three months and 30.98% since the start of this year. The stock is trading 13.78% above its 200-day moving average. 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 37.64.
On September 05th, 2017, Cott announced that the shareholders of Refresco Group N.V. (Euronext: RFRG) have approved the previously announced acquisition of the former's traditional beverage manufacturing business for USD $1.25 billion in cash. The transaction includes Cott's North America, U.K., and Mexico traditional businesses, excluding the RCI International division and its associated concentrate facility as well as the Aimia Foods division. 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 0.12% lower at $111.81 with a total trading volume of 2.95 million shares. The Company's shares have advanced 6.86% on an YTD basis. The stock is trading slightly below its 200-day moving average by 0.11%. Furthermore, shares of Pepsico, which operates as a food and beverage company worldwide, have an RSI of 29.41.
On September 15th, 2017, research firm Macquarie initiated an 'Outperform' rating on the Company's stock.
On September 15th, 2017, Pepsico announced that in the aftermath of Hurricane Irma and the earthquake in Mexico, the PepsiCo Foundation has provided a $1 million grant to Feeding America for assistance in Florida and Southeast US. The Foundation is also giving the American Red Cross and its partner national societies a $250,000 grant to aid recovery in the Caribbean, and a $250,000 donation for relief work in Mexico. Get free access to your research report on PEP at:
http://dailystocktracker.com/registration/?symbol=PEP
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