C&C Group (LON:CCR) Shares Cross Below 200-Day Moving Average - Should You Sell?

C&C Group plc (LON:CCR - Get Free Report)'s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 145.25 ($1.93) and traded as low as GBX 122.40 ($1.62). C&C Group shares last traded at GBX 123.79 ($1.64), with a volume of 26,256,662 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a "buy" rating on shares of C&C Group in a report on Thursday, March 13th.

C&C Group Price Performance

The stock has a market capitalization of £578.81 million, a PE ratio of -5.34, a PEG ratio of 5.61 and a beta of 1.26. The company has a current ratio of 1.16, a quick ratio of 0.80 and a debt-to-equity ratio of 56.01. The business has a fifty day moving average price of GBX 134.89 and a 200-day moving average price of GBX 144.74.

Insider Buying and Selling at C&C Group

In related news, insider Roger Alexander White acquired 100,000 shares of C&C Group stock in a transaction dated Thursday, March 13th. The shares were purchased at an average cost of GBX 121 ($1.61) per share, with a total value of £121,000 ($160,541.33). Also, insider Sarah Newbitt acquired 11,528 shares of the firm's stock in a transaction dated Wednesday, March 26th. The stock was bought at an average price of GBX 127 ($1.69) per share, for a total transaction of £14,640.56 ($19,424.92). Company insiders own 3.38% of the company's stock.

About C&C Group

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.