Dow Jones Industrial Average
) is trading down 7.0 points at 12,489 as of Thursday, May 24, 2012, 11:35 a.m. ET. During this time, 292.4 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 731.5 million. The NYSE advances/declines ratio sits at 1,365 issues advancing vs. 1,493 declining with 130 unchanged.
The Dow component leading the way higher looks to be
), which is sporting a $1.14 gain (+1.5%) bringing the stock to $75.69. Volume for Coca-Cola currently sits at 4.5 million shares traded vs. an average daily trading volume of 8.2 million shares.
Coca-Cola has a market cap of $167.52 billion and is part of the
industry. Shares are up 6.5% year to date as of Wednesday's close. The stock's dividend yield sits at 2.7%.
The Coca-Cola Company, a beverage company, engages in the manufacture, marketing, and sale of nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. The company has a P/E ratio of 19.7, equal to the average food & beverage industry P/E ratio and above 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 revenue growth, solid stock price performance, good cash flow from operations, growth in earnings per share and increase in net income. 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.