Coca-Cola Bottling Breaks Above 200-Day Moving Average - Bullish for COKE

In trading on Tuesday, shares of Coca-Cola Bottling Co. Consolidated ( COKE) crossed above their 200 day moving average of $75.04, changing hands as high as $75.77 per share. Coca-Cola Bottling Co. Consolidated shares are currently trading up about 1.9% on the day. The chart below shows the one year performance of COKE shares, versus its 200 day moving average:

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Coca-Cola Bottling Co. Consolidated 200 Day Moving Average Chart

Looking at the chart above, COKE's low point in its 52 week range is $59.06 per share, with $89.40 as the 52 week high point — that compares with a last trade of $75.65.

According to the ETF Finder at ETF Channel, COKE makes up 2.59% of the PowerShares Dynamic Food & Beverage Portfolio ETF ( PBJ) which is trading up by about 0.2% on the day Tuesday.

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