) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole closed the day down 0.1%. By the end of trading, Companhia de Bebidas das Americas Ambev rose 71 cents (2.2%) to $33.15 on average volume. Throughout the day, 2.6 million shares of Companhia de Bebidas das Americas Ambev exchanged hands as compared to its average daily volume of three million shares. The stock ranged in a price between $32.55-$33.20 after having opened the day at $32.67 as compared to the previous trading day's close of $32.44. Other companies within the Food & Beverage industry that increased today were:
), up 29.1%,
), up 6.3%,
), up 4.7%, and
), up 4.2%.
Companhia de Bebidas das Americas Ambev engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, malt, and other non-alcoholic and non-carbonated products in the Americas. It also sells bottled water, isotonics, and ready-to-drink teas. Companhia de Bebidas das Americas Ambev has a market cap of $99.96 billion and is part of the
sector. The company has a P/E ratio of 103.6, above the average food & beverage industry P/E ratio of 20.6 and above the S&P 500 P/E ratio of 17.7. Shares are up 4.5% year to date as of the close of trading on Monday.
TheStreet Ratings rates Companhia de Bebidas das Americas Ambev as a
. The company's strengths can be seen in multiple areas, such as its expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Companhia de Bebidas das Americas Ambev Ratings Report.
On the negative front,
), down 14.5%,
), down 9.6%,
), down 7.5%, and
), down 7.1%, were all losers within the food & beverage industry with
) being today's food & beverage industry loser.
- 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
- Find other investment ideas from our top rated ETFs lists.