Britvic (LON:BVIC) Stock Crosses Above Two Hundred Day Moving Average - What's Next?

Britvic plc (LON:BVIC - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,153.21 ($15.01) and traded as high as GBX 1,282 ($16.69). Britvic shares last traded at GBX 1,279 ($16.65), with a volume of 833,615 shares.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft upped their price target on shares of Britvic from GBX 1,080 ($14.06) to GBX 1,315 ($17.12) and gave the company a "hold" rating in a research note on Tuesday, July 9th.

Britvic Stock Performance

The business's 50 day simple moving average is GBX 1,277.19 and its two-hundred day simple moving average is GBX 1,156.34. The firm has a market capitalization of £3.16 billion, a P/E ratio of 2,510.78, a price-to-earnings-growth ratio of 1.90 and a beta of 0.60. The company has a current ratio of 1.04, a quick ratio of 0.73 and a debt-to-equity ratio of 253.32.

Britvic Company Profile

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.