Dow Today: Coca-Cola (KO) Higher
The
Dow Jones Industrial Average
(
^DJI
) is trading up 27 points (+0.2%) at 12,872 as of Tuesday, Feb 7, 2012, 11:40 a.m. ET. During this time, 297.7 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 818.6 million. The NYSE advances/declines ratio sits at 1,773 issues advancing vs. 1,081 declining with 135 unchanged.
The Dow component leading the way higher looks to be
(NYSE:
), which is sporting a $1.01 gain (+1.5%) bringing the stock to $69.04. This single gain is lifting the Dow Jones Industrial Average by 7.64 points or roughly accounting for 28.3% of the Dow's overall gain. Volume for Coca-Cola currently sits at 6.2 million shares traded vs. an average daily trading volume of 7.7 million shares.
Coca-Cola has a market cap of $154.22 billion and is part of the
sector and
industry. Shares are down 2.7% year to date as of Monday's close. The stock's dividend yield sits at 2.8%.
The Coca-Cola Company manufactures, distributes, and markets nonalcoholic beverages worldwide. It principally offers sparkling and still beverages. The company has a P/E ratio of 12.5, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Coca-Cola as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, notable return on equity, reasonable valuation levels and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
- You can view the full Coca-Cola Ratings Report.
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