Coca-Cola HBC (LON:CCH) Reaches New 1-Year High - Still a Buy?

Coca-Cola HBC AG (LON:CCH - Get Free Report)'s stock price reached a new 52-week high during trading on Friday . The stock traded as high as GBX 3,466 ($44.80) and last traded at GBX 3,466 ($44.80), with a volume of 728910 shares traded. The stock had previously closed at GBX 3,362 ($43.46).

Coca-Cola HBC Trading Up 2.1 %

The firm has a market cap of £14.85 billion, a price-to-earnings ratio of 23.72, a P/E/G ratio of 1.03 and a beta of 0.94. The company has a debt-to-equity ratio of 137.31, a current ratio of 1.14 and a quick ratio of 0.80. The company's 50 day simple moving average is GBX 2,988.43 and its 200 day simple moving average is GBX 2,837.48.

Insider Buying and Selling

In other news, insider Zoran Bogdanovic purchased 138,810 shares of the stock in a transaction on Monday, February 17th. The stock was bought at an average price of GBX 3,231 ($41.77) per share, for a total transaction of £4,484,951.10 ($5,797,506.59). Insiders purchased 139,134 shares of company stock valued at $449,393,562 in the last three months. 47.16% of the stock is owned by corporate insiders.

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.