Coca-Cola Consolidated Inc. (COKE) Soars 6.86% on March 26

Coca-Cola Consolidated Inc. (COKE) Soars 6.86% on March 26

Coca-Cola Consolidated Inc. (COKE) had a good day on the market for Tuesday March 26 as shares jumped 6.86% to close at $281.01. About 60,874 shares traded hands on 1,682 trades for the day, compared with an average daily volume of n/a shares out of a total float of 9.35 million. After opening the trading day at $265.00, shares of Coca-Cola Consolidated Inc. stayed within a range of $282.38 to $260.01.

With today’s gains, Coca-Cola Consolidated Inc. now has a market cap of $2.63 billion. Shares of Coca-Cola Consolidated Inc. have been trading within a range of $266.54 and $125.08 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Coca-Cola Consolidated Inc sells nonalcoholic beverage products in the United States. The company purchases concentrates and syrups from other beverage manufacturers under a license, then produces, packages, markets, and distributes the beverages to retailers. The company’s primary licensor is Coca-Cola Co., which generally allows it to exclusively market, produce, and distribute Coca-Cola products in specified parts of the U.S.: North Carolina, South Carolina, West Virginia, and parts of Alabama, Georgia, Tennessee, Virginia, Indiana, and Kentucky. The company manages its business in four operating segments. Nonalcoholic Beverages segment which represents the majority of the company’s revenues. Other three segments combined into All Other segment.

Coca-Cola Consolidated Inc. is based out of Charlotte, NC and has some 16,200 employees. Its CEO is J. Frank Harrison.

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