November 12, 2019
  • November 12, 2019
Breaking News
  • Home
  • Headlines
  • The Coca-Cola Company (NYSE:KO) unleashed first company-branded energy drink into Hong Kong market

The Coca-Cola Company (NYSE:KO) unleashed first company-branded energy drink into Hong Kong market

By on June 26, 2019 0

The Coca-Cola Company (NYSE:KO) has unleashed its first company-branded energy drink into the Hong Kong market with the launch of “Coca-Cola ENERGY”. This follows its initial limited European launch of the beverage in April 2019. The new beverage (described as having a fruity yet sweet-and-sour taste) has two variants sugar and sugar-free and uses the standard energy drink staples of caffeine with guarana extract, along with vitamin B3 and B6.

The Coca-Cola Company (NYSE:KO) shares shed -0.31% to finally closed at $51.76 in last active session. 

KO’s distance from 20 day simple moving average is 2.06% and distance from 50-Day simple moving average is 5.04%.

Analyst’s mean target price for KO is $52.00 while analysts mean recommendation is 2.40. Stock value has moved between $43.13 – 52.28 in last one year. Stock has got OUTPERFORM rating from 7 of Thomson Reuters analysts, 13 given HOLD rating to the stock and 0 given UNDERPERFORM rating. Analyst’s mean target price for KO is $52.00 while analysts mean recommendation is 2.40. 

The Coca-Cola Company (NYSE:KO) yearly performance is 19.68% and net profit margin is 20.80%. Annual EPS Growth of past 5 years is -3.90%. The current share price indicates that stock is -0.84% away from its one year high and is moving 20.40% ahead of its 52-week low. 



On 25 June 2018, Kinross Gold Corporation (NYSE:KGC) shares shed -1.27% and ultimately finalized to $3.90 in last traded day. Stock has got OUTPERFORM rating from 1 of Thomson Reuters analysts, 11 given HOLD rating to the stock and 1 given UNDERPERFORM rating. Analyst’s mean target price for KGC is $3.99 while analysts mean recommendation is 2.60. 



At the movement Diamond Offshore Drilling, Inc. (NYSE:DO) is under coverage by number of analysts. Buy rating has been given by 1 analysts to the company stock whereas 9 given UNDERPERFORM rating to stock and 10 given HOLD rating. The consensus recommendation by Thomson Reuters analysts is -0.82 and their mean rating for the stock is 3.10 on scale of 1-5. Analysts mean target price for Diamond Offshore Drilling, Inc. (NYSE:DO) is $11.64 while their mean recommendation is 3.10 (1=Buy, 5=sell). 

If we look at stock performance in last active day trading, we see that stock has moved shed -2.13% to end the day at $8.29. The current share price indicate that stock is -62.18% away from its one year high and is moving 16.43% ahead of its 52-week low. 

Leave a comment