Shares of C&C Group plc (LON:CCR - Get Free Report) hit a new 52-week low on Thursday . The stock traded as low as GBX 141.20 ($1.74) and last traded at GBX 143 ($1.76), with a volume of 245540 shares. The stock had previously closed at GBX 143.80 ($1.77).
Wall Street Analyst Weigh In
Separately, Shore Capital restated a "buy" rating on shares of C&C Group in a research note on Thursday, December 12th.
Get Our Latest Stock Analysis on CCR
C&C Group Stock Up 0.7 %
The company has a debt-to-equity ratio of 56.01, a quick ratio of 0.80 and a current ratio of 1.16. The firm has a market capitalization of £554.11 million, a P/E ratio of -603.33, a P/E/G ratio of 5.61 and a beta of 1.26. The stock has a fifty day moving average price of GBX 147.44 and a two-hundred day moving average price of GBX 154.01.
C&C Group Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Friday, December 13th. Shareholders of record on Thursday, November 14th were issued a €0.02 ($0.02) dividend. This represents a yield of 1.03%. The ex-dividend date of this dividend was Thursday, November 14th. C&C Group's dividend payout ratio is presently -2,083.33%.
Insiders Place Their Bets
In other news, insider Ralph Findlay bought 66,183 shares of the firm's stock in a transaction on Monday, December 16th. The stock was purchased at an average price of GBX 150 ($1.85) per share, for a total transaction of £99,274.50 ($122,153.93). Also, insider Angela Bromfield purchased 13,439 shares of the company's stock in a transaction on Wednesday, December 18th. The stock was purchased at an average price of GBX 147 ($1.81) per share, for a total transaction of £19,755.33 ($24,308.27). 3.38% of the stock is owned by corporate insiders.
C&C Group Company Profile
(
Get Free Report)
C&C Group plc manufactures, markets, and distributes beer, cider, wine, spirits, and soft drinks in the Republic of Ireland, Great Britain, and internationally. The company offers its products primarily under the Tennent's, Bulmers, Magners, Orchard Pig, Heverlee, 5 Lamps, Fête, Blackthorn, Seven Summits, Dowd's Lane, Chaplin & Cork's, Celedonia Best, and Addlestones brand name.
Read More
Before you consider C&C Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and C&C Group wasn't on the list.
While C&C Group currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
