C&C Group (LON:CCR) Share Price Crosses Below Two Hundred Day Moving Average - What's Next?

C&C Group plc (LON:CCR - Get Free Report)'s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 151.43 ($1.92) and traded as low as GBX 148.40 ($1.88). C&C Group shares last traded at GBX 149.80 ($1.90), with a volume of 175,456 shares.

Analyst Ratings Changes

Separately, Shore Capital reissued a "buy" rating on shares of C&C Group in a research report on Thursday, December 12th.

C&C Group Stock Up 2.3 %

The stock has a 50-day moving average of GBX 146.79 and a 200-day moving average of GBX 151.22. The company has a debt-to-equity ratio of 56.01, a current ratio of 1.16 and a quick ratio of 0.80. The firm has a market cap of £683.14 million, a price-to-earnings ratio of -6.30, a P/E/G ratio of 5.61 and a beta of 1.26.

Insiders Place Their Bets

In other C&C Group news, insider Angela Bromfield bought 13,439 shares of the business's stock in a transaction on Wednesday, December 18th. The stock was purchased at an average cost of GBX 147 ($1.86) per share, for a total transaction of £19,755.33 ($25,032.10). Also, insider Ralph Findlay purchased 66,183 shares of the company's stock in a transaction dated Monday, December 16th. The stock was purchased at an average price of GBX 150 ($1.90) per share, with a total value of £99,274.50 ($125,791.31). Corporate 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.