Coca-Cola FEMSA (OTCMKTS:COCSF) Stock Breaks Above 50-Day Moving Average – What’s Next?

Coca-Cola FEMSA, S.A.B. de C.V. (OTCMKTS:COCSF – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $11.12 and traded as high as $11.1250. Coca-Cola FEMSA shares last traded at $11.1250, with a volume of 180 shares trading hands.

Coca-Cola FEMSA Stock Down 0.7%

The firm’s fifty day moving average price is $11.12 and its 200-day moving average price is $10.71.

Coca-Cola FEMSA Company Profile

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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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