C&C Group plc (LON:CCR - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 154.22 ($1.92) and traded as low as GBX 146 ($1.81). C&C Group shares last traded at GBX 148.20 ($1.84), with a volume of 197,751 shares.
Analyst Ratings Changes
Separately, Shore Capital reaffirmed a "buy" rating on shares of C&C Group in a research report on Thursday, December 12th.
Read Our Latest Report on C&C Group
C&C Group Trading Up 1.2 %
The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 56.01. The business has a 50-day simple moving average of GBX 148.13 and a 200-day simple moving average of GBX 154.22. The company has a market cap of £567.12 million, a PE ratio of -617.50, a price-to-earnings-growth ratio of 5.61 and a beta of 1.26.
C&C Group Cuts Dividend
The company also recently announced a dividend, which was paid on Friday, December 13th. Shareholders of record on Thursday, November 14th were given a €0.02 ($0.02) dividend. This represents a yield of 1.03%. The ex-dividend date was Thursday, November 14th. C&C Group's dividend payout ratio is currently -2,083.33%.
Insiders Place Their Bets
In related news, insider Ralph Findlay bought 66,183 shares of the firm's stock in a transaction that occurred on Monday, December 16th. The stock was purchased at an average cost of GBX 150 ($1.86) per share, for a total transaction of £99,274.50 ($123,322.36). Also, insider Angela Bromfield purchased 13,439 shares of the business's stock in a transaction on Wednesday, December 18th. The shares were bought at an average price of GBX 147 ($1.83) per share, for a total transaction of £19,755.33 ($24,540.78). Insiders own 3.38% of the company's stock.
About C&C Group
(
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
Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
