Coca-Cola (KO) Leading In Pre-Market Activity

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Coca-Cola ( KO) as a pre-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified Coca-Cola as such a stock due to the following factors:

  • KO has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $515.7 million.
  • KO traded 10,448 shares today in the pre-market hours as of 7:48 AM.
  • KO is up 2% today from yesterday's close.

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More details on KO:

The Coca-Cola Company, a beverage company, manufactures and distributes coke, diet coke, and other soft drinks worldwide. The company primarily offers nonalcoholic beverages, including sparkling beverages and still beverages. The stock currently has a dividend yield of 3.1%. KO has a PE ratio of 21.2. Currently there are 9 analysts that rate Coca-Cola a buy, 1 analyst rates it a sell, and 6 rate it a hold.

The average volume for Coca-Cola has been 12.6 million shares per day over the past 30 days. Coca-Cola has a market cap of $174.0 billion and is part of the consumer goods sector and food & beverage industry. The stock has a beta of 0.40 and a short float of 1.3% with 4.99 days to cover. Shares are down 3.3% year-to-date as of the close of trading on Wednesday.

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