Coca-Cola HBC (LON:CCH) Shares Cross Below 200-Day Moving Average - What's Next?

Coca-Cola HBC AG (LON:CCH - Get Free Report)'s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,750.81 ($33.59) and traded as low as GBX 2,744 ($33.50). Coca-Cola HBC shares last traded at GBX 2,744 ($33.50), with a volume of 43,980,113 shares trading hands.

Coca-Cola HBC Stock Down 1.9 %

The firm's 50 day moving average price is GBX 2,765.48 and its 200-day moving average price is GBX 2,751.33. The company has a current ratio of 1.14, a quick ratio of 0.80 and a debt-to-equity ratio of 135.02. The company has a market cap of £9.93 billion, a P/E ratio of 1,918.88, a price-to-earnings-growth ratio of 1.03 and a beta of 0.94.

Insider Activity at Coca-Cola HBC

In related news, insider Zoran Bogdanovic bought 165 shares of the firm's stock in a transaction dated Monday, November 18th. The stock was bought at an average cost of GBX 2,746 ($33.53) per share, for a total transaction of £4,530.90 ($5,532.23). Insiders have acquired 12,113 shares of company stock worth $34,228,426 over the last ninety days. Company 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.