Coca-Cola HBC (LON:CCH) Sets New 52-Week High - Should You Buy?

Coca-Cola HBC AG (LON:CCH - Get Free Report)'s share price hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 2,896 ($36.02) and last traded at GBX 2,888 ($35.92), with a volume of 3184319 shares trading hands. The stock had previously closed at GBX 2,866 ($35.64).

Coca-Cola HBC Stock Up 1.5 %

The company's 50-day simple moving average is GBX 2,777.08 and its 200 day simple moving average is GBX 2,764.43. The company has a debt-to-equity ratio of 135.02, a current ratio of 1.14 and a quick ratio of 0.80. The firm has a market cap of £10.99 billion, a P/E ratio of 2,123.08, a price-to-earnings-growth ratio of 1.03 and a beta of 0.94.

Insider Activity at Coca-Cola HBC

In other news, insider Zoran Bogdanovic purchased 165 shares of the business's stock in a transaction dated Monday, November 18th. The shares were purchased at an average price of GBX 2,746 ($34.15) per share, for a total transaction of £4,530.90 ($5,634.75). In the last ninety days, insiders have bought 12,113 shares of company stock worth $34,224,214. Insiders own 47.16% of the company's stock.

Coca-Cola HBC Company Profile

Coca-Cola HBC is a growth-focused consumer packaged goods business and strategic bottling partner of The Coca-Cola Company. We open up moments that refresh us all, by creating value for our stakeholders and supporting the socio-economic development of the communities in which we operate. With a vision to be the leading 24/7 beverage partner, we offer drinks for all occasions around the clock and work together with our customers to serve 740 million consumers across a broad geographic footprint of 29 countries.