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Britvic (LON:BVIC) Hits New 52-Week High - Here's Why

Britvic logo with Consumer Defensive background

Britvic plc (LON:BVIC - Get Free Report)'s share price reached a new 52-week high on Wednesday . The company traded as high as GBX 1,306 ($16.42) and last traded at GBX 1,305 ($16.41), with a volume of 22744176 shares. The stock had previously closed at GBX 1,294 ($16.27).

Britvic Stock Performance

The company's 50-day moving average is GBX 1,285.54 and its two-hundred day moving average is GBX 1,233.35. The company has a market capitalization of £3.22 billion, a P/E ratio of 2,559.31, a PEG ratio of 1.90 and a beta of 0.60. The company has a quick ratio of 0.73, a current ratio of 1.04 and a debt-to-equity ratio of 253.32.

Insiders Place Their Bets

In related news, insider Simon Litherland sold 18,862 shares of Britvic stock in a transaction on Thursday, December 12th. The shares were sold at an average price of GBX 1,292 ($16.24), for a total value of £243,697.04 ($306,383.00). Corporate insiders own 9.20% of the company's stock.

Britvic Company Profile

(Get Free Report)

Britvic plc, together with its subsidiaries, manufactures, markets, distributes, and sells soft drinks in the United Kingdom, the Republic of Ireland, France, Brazil, and internationally. It provides fruit juices, syrups, squash, mineral water, sodas, mixers, and energy and flavored drinks. The company supplies water-coolers and bottled water; offers pension funding and financing services; and designs, installs, as well as engages in maintenance of integrated tap related solutions.

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