Coca-Cola Europacific Partners (LON:CCEP) Trading 1.3% Higher - Here's What Happened

Coca-Cola Europacific Partners PLC (LON:CCEP - Get Free Report)'s share price rose 1.3% during trading on Thursday . The company traded as high as GBX 6,300 ($77.52) and last traded at GBX 6,240 ($76.78). Approximately 22,214 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 72,676 shares. The stock had previously closed at GBX 6,160 ($75.80).

Coca-Cola Europacific Partners Price Performance

The company has a debt-to-equity ratio of 137.04, a quick ratio of 0.66 and a current ratio of 0.85. The company has a market capitalization of £28.29 billion, a PE ratio of 1,753.34, a P/E/G ratio of 1.94 and a beta of 0.75. The company's 50-day simple moving average is GBX 6,154.79 and its 200-day simple moving average is GBX 2,474.88.

Coca-Cola Europacific Partners Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 3rd. Shareholders of record on Thursday, November 14th were paid a €1.23 ($1.27) dividend. This is a boost from Coca-Cola Europacific Partners's previous dividend of $0.74. This represents a yield of 1.72%. The ex-dividend date was Thursday, November 14th. Coca-Cola Europacific Partners's payout ratio is currently 5,457.14%.

Coca-Cola Europacific Partners Company Profile

Coca-Cola Europacific Partners is the world's largest independent Coca-Cola bottler by revenue. Our employees make, sell and distribute the world's most loved drinks brands, serving a consumer population of more than 600 million across 29 markets.