The Vita Coco Company, Inc. (COCO)

The Vita Coco Company, Inc. is trading at $58.25, up 3.52% on the session. The 50 day average sits at $57.57 and the 200 day at $61.71, which puts the stock in a downtrend. RSI is at 46.5, which reads as neutral, and MACD is bearish crossover. Volume is below average.

The nearest support is around $54.05 with resistance near $61.30, so that band frames the current range. Average daily movement is roughly $2.98, or about 5.1% of the share price, which is what any stop placement has to allow for. The overall health score of 33 out of 100 combines a trend score of 23, momentum of 41 and a risk score of 36.

The Vita Coco Company, Inc. develops, manufactures, markets, and distributes coconut water products under the Vita Coco brand name in the United States, Canada, Europe, the Middle East, Africa, and the Asia Pacific. It offers coconut water, oil, and juice products; Vita Coco Treats, a plant-based dairy alternative; Vita Coco Pressed, Vita Coco Coconut Juice, and Farmers Organic; Vita Coco Coconut MLK; and PWR LIFT, a protein-infused fitness drink. The company also supplies private label products to retailers. It distributes its products through club, food, drug, mass, convenience, e-commerce, and foodservice channels. The company was formerly known as All Market Inc. and changed its name to The Vita Coco Company, Inc. in September 2021. The Vita Coco Company, Inc. was incorporated in 2004 and is headquartered in New York, New York.