Coca Cola (KO) Falls: Stock Goes Down 6%

The Coca-Cola Company (KO) saw a big move last session, as the company’s shares fell by 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for KO, as the stock is now down almost 9% since Oct 8.

This slump shouldn’t be too much of a surprise to investors, as the beverage company has seen 7 negative revisions in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

KO currently has a Zacks Rank #4 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same industry include Barfresh Food Group Inc (BRFH), Monster Beverage Corporation (MNST) and True Drinks Holdings, Inc. (TRUU). All these stocks hold a Zacks Rank #2 (Buy).

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COCA COLA CO (KO): Free Stock Analysis Report

MONSTER BEVERAGE CORP (MNST): Free Stock Analysis Report

BARFRESH FOOD GROUP (BRFH): Free Stock Analysis Report

TRUE DRINKS HOLDINGS (TRUU): Free Stock Analysis Report


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