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Coca-Cola Enterprises Inc Breaks Below 200-Day Moving Average - Bearish for CCE

By Market News Video Staff, Thursday, August 4, 4:39 PM ET
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In trading on Thursday, shares of Coca-Cola Enterprises Inc (NYSE:CCE) crossed below their 200 day moving average of $26.75, changing hands as low as $25.94 per share. Coca-Cola Enterprises Inc shares are currently trading down about 6.2% on the day. The chart below shows the one year performance of CCE shares, versus its 200 day moving average:

Coca-Cola Enterprises Inc 200 Day Moving Average Chart

Looking at the chart above, CCE's low point in its 52 week range is $21.66 per share, with $31.80 as the 52 week high point — that compares with a last trade of $26.01.

According to the ETF Finder at ETF Channel, CCE makes up 2.69% of the Dynamic Food & Beverage Portfolio ETF (AMEX:PBJ) which is trading lower by about 5.2% on the day Thursday.

     See what other ETFs contain CCE »
     See what other stocks are held by PBJ »

CCE operates in the Beverages & Wineries sector, among companies like Compania Cervecerias Unidas S.A. (Chile) (NYSE:CCU) which is down about 5.1% today, and Constellation Brands Inc (NYSE:STZ) trading lower by about 6.6%. Below is a three month price history chart comparing the stock performance of CCE, versus CCU and STZ.

CCE,CCU,STZ Relative Performance Chart


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This Article's Word Cloud:   AMEX   Average   Below   Channel   Chile   Coca   Cola   Constellation   Dynamic   ETFs   Enterprises   Finder   Free   GROWTH   INVESTMENT   NYSE   PORTFOLIO   Portfolio   Thursday   Wineries   about   among   asset   average   below   cash   chart   companies   designed   down   history   lower   moving   operates   other   performance   point   portfolio   share   shares   slideshow   stocks   there   trading   versus   week   what   which   with   year
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