Less Than One Hour Before The Market Open, Coca-Cola Consolidated Is Down By 5%

(VIANEWS) – The NASDAQ opens in less than one hour and Coca-Cola Consolidated‘s pre-market value is already 5% down.

Coca-Cola Consolidated’s last close was $833.60, 13.34% under its 52-week high of $961.91.

The last session, NASDAQ ended with Coca-Cola Consolidated (COKE) jumping 0.38% to $833.60. NASDAQ rose 0.82% to $16,103.45, following the last session’s upward trend on what was a somewhat bullish trend trading session.

About Coca-Cola Consolidated

Coca-Cola Consolidated, Inc., together with its subsidiaries, manufactures, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States. The company offers sparkling beverages; and still beverages, including energy products, as well as noncarbonated beverages comprising bottled water, ready to drink coffee and tea, enhanced water, juices, and sports drinks. It also sells its products to other Coca-Cola bottlers; and post-mix products that are dispensed through equipment, which mixes the fountain syrups with carbonated or still water enabling fountain retailers to sell finished products to consumers in cups or glasses. In addition, the company manufactures and distributes various other beverage brands that include Dr Pepper and Monster Energy. It sells and distributes its products directly to grocery stores, mass merchandise stores, club stores, convenience stores, and drug stores; and restaurants, schools, amusement parks, and recreational facilities, as well as through vending machine outlets. The company was formerly known as Coca-Cola Bottling Co. Consolidated and changed its name to Coca-Cola Consolidated, Inc. in January 2019. Coca-Cola Consolidated, Inc. was incorporated in 1980 and is headquartered in Charlotte, North Carolina.

Earnings Per Share

As for profitability, Coca-Cola Consolidated has a trailing twelve months EPS of $43.52.

PE Ratio

Coca-Cola Consolidated has a trailing twelve months price to earnings ratio of 19.15. Meaning, the purchaser of the share is investing $19.15 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 32.02%.

More news about Coca-Cola Consolidated (COKE).

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