Coca-Cola Company (The) shares are sitting close to an important technical support area around 42.14 USD based on weekly price data. Against this backdrop, investors can use this good timing for new long positions. Investors have an opportunity to buy the stock and target the $ 47.
In view of fundamental criteria, the company is among low performers as far as mid or long-term investment strategy is concerned.
The group's activity appears highly profitable thanks to its outperforming net margins.
The company is one of the best yield companies with high dividend expectations.
Analysts covering this company mostly recommend stock overweighting or purchase.
Stock prices approach a strong long-term resistance in weekly data at USD 45.31.
As estimated by analysts, this group is among those businesses with the lowest growth prospects.
The company is in a hindered financial situation with significant debt and rather low EBITDA levels.
The group usually releases earnings worse than estimated.
The company's "enterprise value to sales" ratio is among the highest in the world.
With a 2018 P/E ratio at 23.15 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
The underlying tendency is negative on the weekly chart below the resistance at 45.31 USD