Dallas, Texas 08/22/2013 (Financialstrend) – In a recent survey from CoreBrand, a company that is involved in researching the brand names and their impacts on businesses, it had been commented that The Coca-Cola Company (NYSE:KO) along with Pepsi had turned out to be the two businesses to have garnered the most respect in the business world. It was reported that these two companies had proved successful to combine the high recognition with highly favorable reviews from the survey respondents. It had further been commented that Coca Cola had the biggest advantage of higher familiarity among the customers which proved to be an asset over the brand image of PepsiCo.
It is worth noting that the shares of The Coca-Cola Company (NYSE:KO) had recently been trading at their lowest non dividend adjusted price since the past five month period. However, the company had recently been making higher level of attempts to regain the investor confidence through the launch of green bottle in the recent past and had also been debuting the “Life” Brand. It is expected that the launch of such healthier alternatives would present higher level of optimism to the investors who had recently been shedding off their stake in this company.
The Coca-Cola Company (NYSE:KO) had on Wednesday moved on to report a closing price of $38.28 per share and had thereby presented a loss of 0.96% over the previous close. The stock had further been presenting price fluctuations during the day to vary from low of $38.25 per share to high of $38.70 per share, while the stock presently has its bottom price level at $35.58 and peak price level at $43.43 per share. There are totally 4.43 million shares of the company being traded out in the markets and the institutional holdings comprise around 61% of the total capital.