C&C Group plc (LON:CCR) Insider Purchases £99,274.50 in Stock

C&C Group plc (LON:CCR - Get Free Report) insider Ralph Findlay bought 66,183 shares of C&C Group stock in a transaction that occurred on Monday, December 16th. The shares were acquired at an average cost of GBX 150 ($1.90) per share, for a total transaction of £99,274.50 ($125,950.90).

C&C Group Price Performance

C&C Group stock traded up GBX 3 ($0.04) during trading on Monday, reaching GBX 151.40 ($1.92). The company had a trading volume of 1,414,676 shares, compared to its average volume of 694,777. The firm has a market capitalization of £579.36 million, a PE ratio of -630.83, a price-to-earnings-growth ratio of 5.61 and a beta of 1.26. The firm's 50-day simple moving average is GBX 152.06 and its 200 day simple moving average is GBX 155.97. The company has a debt-to-equity ratio of 56.01, a quick ratio of 0.80 and a current ratio of 1.16. C&C Group plc has a 1-year low of GBX 142.20 ($1.80) and a 1-year high of GBX 178.20 ($2.26).

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 issued a dividend of €0.02 ($0.02) per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a dividend yield of 1.03%. C&C Group's payout ratio is currently -2,083.33%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a "buy" rating on shares of C&C Group in a research report on Thursday.

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.