The Latest Breaking News from Keurig Dr Pepper

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If history is any guide, there may be trouble ahead for shares of Keurig Dr Pepper (NASDAQ:KDP). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Keurig Dr Pepper Inc (NASDAQ:KDP) reported fourth-quarter FY21 sales growth of 8.7% year-on-year, to $3.39 billion, beating the consensus of $3.30 billion. Net sales increase reflected strong growth in Packaged Beverages, Beverage Concentrates, and Latin America Beverages. On a constant currency basis, net sales advanced 8.5% Y/Y and 15.7% versus Q4 2019. Net…

  Over the past three months, shares of Keurig Dr Pepper (NASDAQ:KDP) moved higher by 9.66%. Before we understand the importance of debt, let us look at how much debt Keurig Dr Pepper has.

Personal income in the US increased 0.3% from a month ago in December, while personal spending dropped 0.6% in December. The personal consumption expenditure price index, meanwhile, surged 5.8 percent year-over-year in December. Investors, meanwhile, focused on some notable insider trades.

Keurig Dr Pepper shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 80 to 84.