COCA COLA AMATI/ADR (OTCMKTS:CCLAY) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $6.64 and traded as high as $7.18. COCA COLA AMATI/ADR shares last traded at $7.17, with a volume of 1,157 shares trading hands.
A number of analysts recently weighed in on the stock. Zacks Investment Research raised shares of COCA COLA AMATI/ADR from a “sell” rating to a “hold” rating in a research note on Monday, April 22nd. Macquarie cut shares of COCA COLA AMATI/ADR from a “neutral” rating to an “underperform” rating in a research note on Wednesday, May 8th. Finally, Credit Suisse Group cut shares of COCA COLA AMATI/ADR from an “outperform” rating to a “neutral” rating in a research note on Thursday, June 20th. Three investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $8.00.
The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.33 and a current ratio of 1.71. The business has a 50 day moving average price of $6.69.
Coca-Cola Amatil Limited, together with its subsidiaries, manufactures, distributes, and markets non-alcoholic and alcoholic ready-to-drink beverages in Australia, New Zealand, Fiji, Indonesia, Papua New Guinea, and Samoa. Its product range includes non-alcoholic sparkling beverages, spring water, sports and energy drinks, fruit juices, iced tea, flavored milk, coffee, tea, beer, cider, and spirits, as well as ready-to-eat fruit and vegetable snacks and products.
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