Pre-Market Technical Recap on Consumer Goods Stocks -- Dr Pepper Snapple, Coca-Cola, Brown-Forman, and Castle Brands
NEW YORK, September 22, 2017 /PRNewswire/ --
If you want a Stock Review on DPS, KO, BF-B, or ROX then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Today's research on DailyStockTracker.com is centered on the Consumer Goods sector, which includes companies involved with food production, packaged goods, clothing, beverages, automobiles, and electronics. Lined up for assessment this morning are the following stocks: Dr Pepper Snapple Group Inc. (NYSE: DPS), The Coca-Cola Co. (NYSE: KO), Brown-Forman Corp. (NYSE: BF-B), and Castle Brands Inc. (NYSEMKT: ROX). Daily Stock Tracker provides great insights on these stocks in its free research reports at:
http://dailystocktracker.com/register/
Dr Pepper Snapple
Plano, Texas headquartered Dr Pepper Snapple Group Inc.'s shares saw a correction of 2.38%, finishing Thursday's trading session at $89.50. A total volume of 2.57 million shares was traded, which was higher than their three months average volume of 1.05 million shares. The stock is trading below its 50-day moving average by 1.86%. Moreover, shares of Dr Pepper Snapple, which operates as a brand owner, manufacturer, and distributor of non-alcoholic beverages in the US, Mexico, and Canada, have a Relative Strength Index (RSI) of 33.27.
On August 31st, 2017, Dr Pepper, a brand of Dr Pepper Snapple Group, announced that fearless vendor, Larry Culpepper, has assembled a vendor dream-team to join him on his mission to deliver Dr Pepper at stadiums, homegates, and tailgates throughout the 2017-2018 college football season. Members of Larry's team will be unveiled throughout the multi-platform brand campaign, the first being football legend Doug Flutie, who makes his debut in the first of seven, new college football-themed TV spots for the season, titled, "Larry Nation".
On September 15th, 2017, research firm Macquarie initiated a 'Neutral' rating on the Company's stock, with a target price of $95 per share. Free research report on DPS is available at:
http://dailystocktracker.com/registration/?symbol=DPS
Coca-Cola
On Thursday, shares in Atlanta, Georgia headquartered The Coca-Cola Co. recorded a trading volume of 7.50 million shares, and ended the session 0.83% lower at $45.40. The stock has gained 0.73% over the previous three months and 9.50% on an YTD basis. The Company's shares are trading 4.29% above their 200-day moving average. Furthermore, shares of Coca-Cola, which manufactures and distributes various nonalcoholic beverages worldwide, have an RSI of 40.36.
On September 13th, 2017, the philanthropic arm of Coca-Cola, The Coca-Cola Foundation, pledged $1 million to the American Red Cross to support local relief efforts related to Hurricane Irma. These funds will help provide immediate resources for necessary food and shelter and will aid in long-term rebuilding efforts in the Southeastern United States, Puerto Rico, and the US Virgin Islands. This donation builds on the $1 million that the Foundation granted for Hurricane Harvey relief efforts in August.
On September 15th, 2017, research firm Macquarie initiated a 'Neutral' rating on the Company's stock, with a target price of $47 per share. The complimentary research report on KO can be downloaded at:
http://dailystocktracker.com/registration/?symbol=KO
Brown-Forman
Shares in Louisville, Kentucky headquartered Brown-Forman Corp. closed at $53.99, slightly down 0.61% from the last trading session. The stock recorded a trading volume of 539,866 shares. The Company's shares have gained 6.09% in the last one month, 10.77% over the previous three months, and 20.19% since the start of this year. The stock is trading 6.68% and 11.94% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Brown-Forman, which manufactures, bottles, imports, exports, markets, and sells various alcoholic beverages worldwide, have an RSI of 64.57.
On September 12th, 2017, Brown-Forman was named a top-scoring company on the 2017 Disability Equality Index (DEI®) survey, conducted by the US Business Leadership Network and the American Association of People with Disabilities. The Company received a perfect score of 100. Visit DailyStockTracker.com today and access our complete research report on BF-B at:
http://dailystocktracker.com/registration/?symbol=BF-B
Castle Brands
New York-based Castle Brands Inc.'s stock ended flat at $1.32 with a total trading volume of 416,984 shares. The Company's shares have surged 73.68% on an YTD basis. The stock is trading below its 200-day moving average by 3.40%. Furthermore, shares of Castle Brands, which develops, markets, imports, and sells beverage alcohol and non-alcoholic beverage products in the US and internationally, have an RSI of 33.85. Get free access to your research report on ROX at:
http://dailystocktracker.com/registration/?symbol=ROX
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