C&C Group plc (LON:CCR - Get Free Report) was down 18.3% during mid-day trading on Thursday . The company traded as low as GBX 116.20 ($1.51) and last traded at GBX 120.80 ($1.57). Approximately 20,107,066 shares changed hands during trading, an increase of 1,000% from the average daily volume of 1,828,718 shares. The stock had previously closed at GBX 147.80 ($1.92).
Analyst Upgrades and Downgrades
Separately, Shore Capital reaffirmed a "buy" rating on shares of C&C Group in a research note on Thursday, December 12th.
Get Our Latest Research Report on C&C Group
C&C Group Trading Down 19.1 %
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 stock has a market capitalization of £542.52 million, a P/E ratio of -5.00, a price-to-earnings-growth ratio of 5.61 and a beta of 1.26. The company has a fifty day simple moving average of GBX 146.73 and a two-hundred day simple moving average of GBX 150.69.
Insider Activity
In related news, insider Angela Bromfield acquired 13,439 shares of the firm's stock in a transaction dated Wednesday, December 18th. The stock was bought at an average price of GBX 147 ($1.91) per share, for a total transaction of £19,755.33 ($25,619.67). Also, insider Ralph Findlay acquired 66,183 shares of the business's stock in a transaction dated Monday, December 16th. The stock was bought at an average cost of GBX 150 ($1.95) per share, with a total value of £99,274.50 ($128,744.00). 3.38% of the stock is currently owned by company insiders.
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.
See Also
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