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Coca-Cola Enterprises Shares Climbing Higher, Up 1.4%

Published on Wed, 03/20/2013 - 10:29
By Adrienne Chilton

Coca-Cola Enterprises (NYSE:CCE) is a company whose shares are active, trading 1.4% higher to $36.92. The Dow Jones Industrial Average is now trading 0.5% higher to 14,525 and the S&P is trading 0.5% higher to 1,557.

Coca-Cola Enterprises Inc. markets, sells, manufactures, and distributes non-alcoholic beverages. The Company provides refreshments, including sparkling waters, juices, isotonics, teas, and sodas. Coca-Cola Enterprises operates internationally.

Coca-Cola Enterprises share prices have moved between a 52-week high of $36.93 and a 52-week low of $26.05 and are now trading 42% above that low price at $36.92 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.4%.

Coca-Cola Enterprises (NYSE:CCE) has potential upside of 2.9% based on a current price of $36.92 and analysts' consensus price target of $37.98. The stock should find initial support at its 50-day moving average (MA) of $35.07 and further support at its 200-day MA of $31.15.

By Adrienne Chilton
achilton@fnno.com