Coca-Cola HBC (LON:CCH) Hits New 52-Week High - Here's What Happened

Coca-Cola HBC AG (LON:CCH - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 3,184 ($40.08) and last traded at GBX 3,148 ($39.62), with a volume of 8779979 shares traded. The stock had previously closed at GBX 2,970 ($37.38).

Coca-Cola HBC Price Performance

The company has a quick ratio of 0.80, a current ratio of 1.14 and a debt-to-equity ratio of 137.31. The stock has a 50-day simple moving average of GBX 2,804.97 and a 200-day simple moving average of GBX 2,779.51. The firm has a market capitalization of £13.80 billion, a PE ratio of 22.05, a P/E/G ratio of 1.03 and a beta of 0.94.

Insider Activity

In related news, insider Zoran Bogdanovic purchased 165 shares of Coca-Cola HBC stock in a transaction dated Monday, November 18th. The stock was bought at an average cost of GBX 2,746 ($34.56) per share, for a total transaction of £4,530.90 ($5,702.83). Over the last three months, insiders purchased 12,113 shares of company stock worth $34,224,214. 47.16% of the stock is owned by corporate insiders.

About Coca-Cola HBC

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.