Coca-Cola Stock Hits New 52-Week High (CCE)

NEW YORK ( TheStreet) -- Coca-Cola (NYSE: CCE) hit a new 52-week high Monday as it is currently trading at $30.01, above its previous 52-week high of $29.98 with 2.4 million shares traded as of 12:20 p.m. ET. Average volume has been 2.6 million shares over the past 30 days.

Coca-Cola has a market cap of $8.94 billion and is part of the consumer goods sector and food & beverage industry.

Coca-Cola Enterprises, Inc. produces, distributes, and markets nonalcoholic beverages. It provides still and sparkling waters, juices, sports drinks, juice drinks, coffee-based beverages, and teas. Coca-Cola Enterprises, Inc.

TheStreet Ratings rates Coca-Cola as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, solid stock price performance and increase in net income. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Coca-Cola Ratings Report.

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