Shares of The Coca-Cola Company (NYSE:KO) surged around 6% on Tuesday after it declared Q1 results on Tuesday that came in over anticipations and declared that it struck contracts to start parceling out additional of its distribution territories to independent bottlers.
The world’s largest beverage maker, which creates Sprite, Dasani and Powerade, had bought its largest North American bottler in 2010 to take greater control over new products and packaging.
In the meantime, Coca-Cola declared that worldwide volume during its Q1 increased 4%, with Thailand, India and Russia posting strong gains. In its flagship North American market, volume increased 1%, fueled by growth in non-carbonated drinks for example Honest Tea and Simply Orange juice.
The Coca-Cola Company (NYSE:KO) stock hit highest price at $42.48, beginning with a price of $41.40 and reported increased +5.69% to the closed at $42.37 with day range of $41.25-$42.48. The total market capitalization remained $188.83 billion, total volume held in the session was 32.14 million shares surprisingly higher than its average volume of 14.10 million shares.
To check the Stocks ups and downs, KO last week stock price volatility remained 1.67% and month was at 1.41%. KO generated revenue of 48.02 billion in the following twelve months income of $9.02 billion. The Company showed a positive 18.92% in the net profit margin and in addition to in its operating margin which remained 22.45%. Company’s annual sales growth for the past five year was 10.72%.
The KO past twelve months price to sales ratio was 3.93 and price to cash ratio remained 11.41. As far as if notice on other major contributors of similar sectors have sale ratio and price to cash ratio remained Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE)’s P/S 0.35% P/C 53.86%, Cott Corporation (USA) (NYSE:COT)’s P/S 0.44% P/C 5.56%, Dr Pepper Snapple Group Inc. (NYSE:DPS)’s P/S 1.62% P/C 26.48%, Sodastream International Ltd (NASDAQ:SODA)’s P/S 2.47% P/C 17.33%.
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