Dow Today: Coca-Cola (KO) Lower
The
Dow Jones Industrial Average
(
^DJI
) is trading down 49 points (-0.4%) at 12,813 as of Monday, Feb 6, 2012, 1:40 p.m. ET. During this time, 357 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 1,167 issues advancing vs. 1,783 declining with 119 unchanged.
Holding back the Dow today is
(NYSE:
), which is lagging the broader Dow index with a 34-cent decline (-0.5%) bringing the stock to $67.74. This single loss is lowering the Dow Jones Industrial Average by 2.57 points or roughly accounting for 5.2% of the Dow's overall loss. Volume for Coca-Cola currently sits at 3.6 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 Friday'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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