Monster Beverage Corporation (NASDAQ:MNST) [Trend Analysis] has kept up with the changing appetite, stock ascend around 2.90% in early session as it gain volume of 3.75 Million shares. Monster Beverage Corporation (MNST) declared that it has commenced a modified “Dutch auction” tender offer to purchase shares of its common stock for cash at a price per share of not less than $142.00 and not greater than $160.00, for a maximum aggregate purchase price of no more than $2.0 billion.
The tender offer, which funded with cash on hand on May 10, 2016, and will expire at 5:00 p.m., New York City time, on June 8, 2016, unless extended or earlier terminated by Monster. Monster shareholders may tender all or a portion of their shares at a price specified by the tendering shareholder of not less than $142.00 or greater than $160.00 per share in increments of $1.00.
Moving toward the volatility measures, the price volatility of stock was 1.93% for a week and 2.51% for a month as well as price volatility’s Average True Range for 14 days was 3.88. The beta, which indicates risk in relegation to the market, remained 0.52. The firm past twelve months price to sales ratio was 11.25 and price to cash ratio remained 10.49. As far as the returns are concern, the return on equity was recorded as 13.90% and return on investment was value missing, while its return on asset stayed at 11.40%.
The liquidity measure in recent quarter results of company was recorded 7.00 as current ratio, on the other side the debt to equity ratio was 0.00, and long-term debt to equity ratio remained value missing. The Company has gross margin of 60.00% and profit margin was positive 20.10% in trailing twelve months.
Monster Beverage Corporation (NASDAQ:MNST) is ahead its 52 week low with 35.39%and going down from its 52 week high price with -4.61%. The company’s shares performance for the last one month was 17.19% and 4.63% in the previous week. The stock price of firm is moving up from its 20 days moving average with 14.48% and remote isolated positively from 50 days moving average with 15.24%.