Vita Coco Company, Inc. (COCO) Experiences Larger Drop Than Market Amid Earnings Release Approach

Vita Coco Company, Inc. (COCO) closed at $54.71, a -1.9% move from the previous day, behind the S&P 500's daily loss of 0.37%. The stock has risen by 4.01% in the past month and is projected to earn $0.34 per share, up 9.68% YoY. The Zacks Rank is #3 (Hold), and the Forward P/E ratio is 35.24, a premium compared to the industry average of 18.31. The PEG ratio is 1.76, similar to the industry average.