) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole closed the day down 0.5%. By the end of trading, Companhia de Bebidas das Americas Ambev fell $1.12 (-3.0%) to $36.47 on average volume. Throughout the day, 4,049,642 shares of Companhia de Bebidas das Americas Ambev exchanged hands as compared to its average daily volume of 3,242,200 shares. The stock ranged in price between $36.13-$37.69 after having opened the day at $37.28 as compared to the previous trading day's close of $37.59. Other companies within the Food & Beverage industry that declined today were:
), down 7.3%,
), down 5.9%,
), down 5.7% and
), down 5.4%.
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Companhia de Bebidas das Americas Ambev produces, distributes, and sells beer, draft beer, soft drinks, other non-alcoholic beverages, malt, and food in the Americas. It provides carbonated soft drinks, bottled water, isotonic beverages, energy drinks, and ready-to-drink teas. Companhia de Bebidas das Americas Ambev has a market cap of $117.0 billion and is part of the consumer goods sector. The company has a P/E ratio of 103.6, above the S&P 500 P/E ratio of 17.7. Shares are down 10.5% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Companhia de Bebidas das Americas Ambev a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
Companhia de Bebidas das Americas Ambev
. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, notable return on equity, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.
- You can view the full Companhia de Bebidas das Americas Ambev Ratings Report.
On the positive front,
), up 6.7%,
), up 4.8%,
), up 3.0% and
), up 2.3%.
- Use our food & beverage section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the food & beverage industry could consider
) while those bearish on the food & beverage industry could consider
PowerShares DB Agriculture Sht ETN
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