Coca-Cola Bottling (COKE) Stock Experiences Volatility

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Jan 07, 2025
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Coca-Cola Bottling (COKE, Financial) saw its stock price drop 1.15%, trading at $1299.92 per share with a volume of 18,213 shares. The stock's turnover rate was 0.21%, with a price fluctuation of 2.62%. Recent financial reports indicate the company achieved a revenue of $1.766 billion, a net profit of $116 million, and earnings per share of $13.20. The gross profit was reported at $697 million, with a price-to-earnings ratio of 22.63.

Currently, there are no institutional ratings suggesting a buy, hold, or sell for COKE. Within the soft drinks industry, the overall decline was 0.22%. Notably, stocks such as Safety Shot Inc, Embotelladora Andina Sa, and Celsius Holdings, Inc. showed significant gains. Celsius Holdings, Inc., Zevia Pbc, and Safety Shot, Inc. were particularly active, with turnover rates of 1.97%, 0.66%, and 0.48%, respectively. Stocks with notable price swings included Safety Shot Inc, Barfresh Food Group Inc., and Zevia Pbc, with fluctuations of 26.92%, 7.77%, and 6.62%.

Coca-Cola Bottling operates in the U.S., selling non-alcoholic beverages. The company purchases concentrates and syrups from other beverage manufacturers under license, then produces, packages, markets, and distributes these products to retailers. Its main licensor is The Coca-Cola Company, granting exclusive rights in specific U.S. regions, including parts of North Carolina, South Carolina, West Virginia, Alabama, Georgia, Tennessee, Virginia, Indiana, and Kentucky.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.