Coca-Cola FEMSA (OTCMKTS:COCSF) Shares Cross Above 50-Day Moving Average – Time to Sell?

Shares of Coca-Cola FEMSA, S.A.B. de C.V. (OTCMKTS:COCSFGet Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $9.53 and traded as high as $10.70. Coca-Cola FEMSA shares last traded at $10.07, with a volume of 540 shares changing hands.

Coca-Cola FEMSA Stock Up 4.3%

The firm’s 50 day simple moving average is $9.57 and its 200-day simple moving average is $8.93.

Coca-Cola FEMSA Company Profile

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Coca-Cola FEMSA (OTCMKTS:COCSF) is the largest Coca-Cola franchise bottler in the world by sales volume, responsible for the production, distribution and marketing of a broad portfolio of non-alcoholic beverages. As a regional bottler within The Coca-Cola Company’s global system, the firm manufactures carbonated soft drinks, bottled water, flavored and functional beverages, juices, teas and sports drinks under internationally recognized brands.

Founded in 1979 as part of Fomento Económico Mexicano, SAB.

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