Here’s Our Rant About The Vita Coco Company Inc. (COCO) – News Heater
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Here’s Our Rant About The Vita Coco Company Inc. (COCO)

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The Vita Coco Company Inc. (NASDAQ:COCO) went up by 9.45% from its latest closing price compared to the recent 1-year high of $18.61. The company’s stock price has collected -9.16% of loss in the last five trading sessions. Press Release reported on 11/11/21 that The Vita Coco Company Reports Third Quarter 2021 Financial Results

Is It Worth Investing in The Vita Coco Company Inc. (NASDAQ :COCO) Right Now?

Opinions of the stock are interesting as 8 analysts out of 8 who provided ratings for The Vita Coco Company Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”


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The average price from analysts is $18.86, which is $3.69 above the current price. COCO currently public float of 22.39M and currently shorts hold a 1.44% ratio of that float. Today, the average trading volume of COCO was 1.40M shares.

COCO’s Market Performance

The volatility ratio for the week stands at 11.35% while the volatility levels for the past 30 days are set at 7.89% for The Vita Coco Company Inc.. The simple moving average for the period of the last 20 days is 5.53% for COCO stocks with a simple moving average of 6.34% for the last 200 days.

Analysts’ Opinion of COCO

Many brokerage firms have already submitted their reports for COCO stocks, with Wells Fargo repeating the rating for COCO by listing it as a “Overweight.” The predicted price for COCO in the upcoming period, according to Wells Fargo is $18 based on the research report published on November 15th of the current year 2021.

Piper Sandler, on the other hand, stated in their research note that they expect to see COCO reach a price target of $17. The rating they have provided for COCO stocks is “Overweight” according to the report published on November 15th, 2021.

Guggenheim gave a rating of “Buy” to COCO, setting the target price at $21 in the report published on November 15th of the current year.

COCO Trading at 6.34% from the 50-Day Moving Average

After a stumble in the market that brought COCO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.48% of loss for the given period.

Volatility was left at 7.89%, however, over the last 30 days, the volatility rate increased by 11.35%, as shares surge +11.79% for the moving average over the last 20 days.

During the last 5 trading sessions, COCO fell by -9.16%, in comparison to the 20-day moving average, which settled at $14.45. In addition, The Vita Coco Company Inc. saw 12.20% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at COCO starting from Verlinvest Beverages SA, who sale 199,961 shares at the price of $14.03 back on Nov 19. After this action, Verlinvest Beverages SA now owns 20,597,697 shares of The Vita Coco Company Inc., valued at $2,804,453 using the latest closing price.

Burth Jonathan, the Chief Operating Officer of The Vita Coco Company Inc., purchase 666 shares at $15.00 during a trade that took place back on Oct 25, which means that Burth Jonathan is holding 498,694 shares at $9,990 based on the most recent closing price.

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