Bidness Etc - Coca-Cola Company Experiences Low Share Price

Coca-Cola Company has noticed a fall in the share price by 0.19% as of Thursday, 19th February 2015. The shares of the company opened at the price of $41.75 at the start of the trading session, reaching the highest point of the day at $41.8. The lowest point that the shares experienced was recorded at $41.47 and the shares finally closed at $41.73 after an excessively active activity at the trading house. The total points that the share price fell by throughout the trading session were 0.08.
The shares were recorded to be 9,789,765 by the end of the day, with a 52-week high of the company coming at $45 and 52-week low being calculated at $36.89. The company has a total of 43,801,300 outstanding shares. The beverage making company’s market cap value has been reported at $182,782 million.
A couple of equity firms have commented on the share price of the company. According to the financial analysts, at Zacks, the coke company has been giving the rating 3 with the shares declared to be ‘neutral’. Wall Street analysts have given the company an estimated rating of 2.32.
According to the latest suggestions of 7 different analysts, the company has received a ‘hold’ rating, whereas one equity firm has given the company the ratings of a ‘buy’. As for four Wall Street analysts, the company’s shares have received the ratings of a ‘strong buy’. Two firms presented the company’s counter at the trade the ratings of a ‘buy’.
The coke company’s price target has been estimated by several financial firms to be $45.11. The target price is also expected to fall or rise by $2.21 from the price that has been predicted. As for the future predictions, the price target could face the lowest point at $41 and the highest point at $48.
In addition to that, the company also presented the list of insider buying and selling to the Exchange Commission in which it was reported that the Vice President of the company sold a total number of 381,500 shares at the share price of $43.12 as on 9th December 2014. The total number of transactions made according to the insider report had a value of $16,450,280.
The Coca-Cola Company (NYSE: KO) is an Atlanta-based, American company. It works in manufacturing and selling non-alcoholic drinks. The company started back in 1892 and is currently under the leadership of Muhtar Kent, who is the CEO of the giant.