Coca-Cola FEMSA, S.A.B. de C.V. (OTCMKTS:COCSF – Get Free Report) passed below its 50 day moving average during trading on Monday. The stock has a 50 day moving average of $11.15 and traded as low as $10.65. Coca-Cola FEMSA shares last traded at $11.4150, with a volume of 333 shares.
Coca-Cola FEMSA Stock Performance
The business’s 50 day simple moving average is $11.14 and its 200 day simple moving average is $10.75.
About Coca-Cola FEMSA
Coca-Cola FEMSA, SAB. de C.V. is a beverage company and the largest franchise bottler in the Coca-Cola system by sales volume. The company produces, markets, sells and distributes Coca-Cola trademark beverages, including Coca-Cola, Sprite and Fanta, as well as a broad portfolio of water, juice, dairy, sports and other non-alcoholic drinks.
The company serves consumers through a network of bottling plants, distribution centers, retailers and food-service customers. Its portfolio and route-to-market operations vary by country and may include locally relevant brands in addition to products owned or licensed by The Coca-Cola Company and other beverage partners.
Coca-Cola FEMSA began operations in 1979 as a joint venture involving FEMSA and The Coca-Cola Company.
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