Vita Coco Company Inc (NASDAQ: COCO) is 0.74% higher on its value in year-to-date trading and has touched a low of $19.41 and a high of $33.29 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The COCO stock was last observed hovering at around $24.63 in the last trading session, with the day’s gains setting it 1.21%.
Currently trading at $25.84, the stock is -3.52% and -6.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.04 million and changing 4.91% at the moment leaves the stock 0.45% off its SMA200. COCO registered -2.20% loss for a year compared to 6-month gain of 27.67%.
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The stock witnessed a -7.28% loss in the last 1 month and extending the period to 3 months gives it a 6.60%, and is 5.08% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.43% over the week and 4.02% over the month.
Vita Coco Company Inc (COCO) has around 294 employees, a market worth around $1.46B and $495.55M in sales. Current P/E ratio is 28.16 and Fwd P/E is 23.57. Profit margin for the company is 10.93%. Distance from 52-week low is 33.13% and -22.38% from its 52-week high. The company has generated returns on investments over the last 12 months (25.83%).
The EPS is expected to grow by 15.78% this year
The shares outstanding are 56.90M, and float is at 38.21M with Short Float at 18.42%.
Vita Coco Company Inc (COCO) Insider Activity
The most recent transaction is an insider sale by van Es Charles, the company’s Chief Sales Officer. SEC filings show that van Es Charles sold 500 shares of the company’s common stock on Jul 11 ’24 at a price of $31.00 per share for a total of $15500.0. Following the sale, the insider now owns 97668.0 shares.
Vita Coco Company Inc disclosed in a document filed with the SEC on Jul 10 ’24 that van Es Charles (Chief Sales Officer) sold a total of 4,372 shares of the company’s common stock. The trade occurred on Jul 10 ’24 and was made at $30.00 per share for $0.13 million. Following the transaction, the insider now directly holds 97668.0 shares of the COCO stock.
Still, SEC filings show that on Jun 18 ’24, Liran Ira (Director) disposed off 42,000 shares at an average price of $29.53 for $1.24 million. The insider now directly holds 943,729 shares of Vita Coco Company Inc (COCO).
