New Lifetime High For PepsiCo (PEP)

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Trade-Ideas LLC identified PepsiCo ( PEP) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified PepsiCo as such a stock due to the following factors:

  • PEP has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $372.1 million.
  • PEP has traded 3,046 shares today.
  • PEP is trading at a new lifetime high.

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More details on PEP:

PepsiCo, Inc. operates as a food and beverage company worldwide. Its Frito-Lay North America segment offers Lay's and Ruffles potato chips, Doritos and Tostitos tortilla chips, Cheetos cheese flavored snacks, dips, Fritos corn chips, and Santitas tortilla chips. The stock currently has a dividend yield of 2.9%. PEP has a PE ratio of 20.6. Currently there are 12 analysts that rate PepsiCo a buy, no analysts rate it a sell, and 4 rate it a hold.

The average volume for PepsiCo has been 4.2 million shares per day over the past 30 days. PepsiCo has a market cap of $137.4 billion and is part of the consumer goods sector and food & beverage industry. The stock has a beta of 0.32 and a short float of 0.6% with 2.67 days to cover. Shares are up 11.6% year-to-date as of the close of trading on Tuesday.

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