Yahoo Finance Today's Research Reports on Trending Tickers: New Age Beverages and The Coca-Cola Company
NEW YORK, NY / ACCESSWIRE / December 17, 2018 / U.S. markets slumped on Friday as bank shares dragged equities lower amidst concerns about global economic slowdown after China’s industrial and sales growth report fell short of expectations. The Dow Jones Industrial Average dropped 2.02 percent to close at 24,100.51, while the S&P 500 Index fell 1.91 percent to close at 2,599.95. The Nasdaq Composite Index plunged 2.26 percent to close at 6,910.67.
“Indeed, investors are right to be worried about global growth as China economy continues to sputter,” said OANDA’s Asia Pacific head of trading, Stephen Innes. “The data lend support to the market’s view that things will get worse in China before they get better, this despite investment rising,” Innes added.
The Market Edge Initiates Coverage on:
New Age Beverages Corporation
https://marketedgereport.com/report/NBEV/
The Coca-Cola Company
https://marketedgereport.com/report/KO/
New Age Beverages’ stock moved 0.85% higher Friday, to close the day at $5.94. The stock recorded a trading volume of 13,922,440 shares, which was below its three months average volume of 23,107,520 shares. In the last year, New Age Beverages’ shares have traded in a range of 1.30 - 9.99. The share price has gained 356.92% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $4.37 is above its 200-day moving average of $3.29. Shares of New Age Beverages have gained roughly 38.46 percent in the past month and are up 173.73 percent year-to-date.
Access The Market Edge's New Age Beverages Corporation Research Report:
https://marketedgereport.com/report/NBEV/
On Friday, shares of The Coca-Cola recorded a trading volume of 13,836,073 shares, which was above the three months average volume of 13,235,221 shares. The stock ended the day 0.26% lower at $49.34. The share price has fallen 2.95% from its 52 week high with a 52 week trading range of 41.45 - 50.84. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $49.19 is above its 200-day moving average of $46.21. Shares of the company are trading at a Price to Earnings ratio of 74.98. Shares of The Coca-Cola have fallen roughly 1.65 percent in the past month and are up 7.54 percent year-to-date.
Access The Market Edge's The Coca-Cola Company Research Report:
https://marketedgereport.com/report/KO/
Our Actionable Research on New Age Beverages Corporation (NASDAQ:NBEV) and The Coca-Cola Company (NYSE:KO) can be downloaded free of charge at The Market Edge.
The Market Edge
We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.
The Market Edge has not been compensated; directly or indirectly; for producing or publishing this document.
Disclaimer: This article is written by an independent contributor of MarketEdgeReport.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. MarketEdgeReport.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.marketedgereport.com/disclaimer.
CONTACT
For any questions, inquiries, or comments reach out to us directly at:
Address:
The Market Edge, Unit #901 511 Avenue of the Americas, New York, NY, 10011
Email:
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: MarketEdgeReport
