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Coca-Cola Consolidated Breaks Above 200-Day Moving Average – Bullish for COKE

In trading on Wednesday, shares of Coca-Cola Consolidated Inc (Symbol: COKE) crossed above their 200 day moving average of $248.85, changing hands as high as $269.68 per share. Coca-Cola Consolidated Inc shares are currently trading up about 16.1% on the day. The chart below shows the one year performance of COKE shares, versus its 200 day moving average:

Coca-Cola Consolidated Inc 200 Day Moving Average Chart

Looking at the chart above, COKE’s low point in its 52 week range is $188.08 per share, with $382.5127 as the 52 week high point — that compares with a last trade of $263.66.

READ FULL STORY: NASDAQ.com