Coca-Cola Europacific Partners (LON:CCEP) Stock Price Up 1.3% - Should You Buy?

Shares of Coca-Cola Europacific Partners PLC (LON:CCEP - Get Free Report) rose 1.3% during mid-day trading on Thursday . The stock traded as high as GBX 6,300 ($77.52) and last traded at GBX 6,240 ($76.78). Approximately 22,214 shares changed hands during 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 Stock Performance

The company has a debt-to-equity ratio of 137.04, a current ratio of 0.85 and a quick ratio of 0.66. 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 stock has a 50-day simple moving average of GBX 6,154.79 and a 200 day simple moving average of GBX 2,474.88.

Coca-Cola Europacific Partners Increases Dividend

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

About Coca-Cola Europacific Partners

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.