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Coca-Cola HBC (OTCMKTS:CCHGY) Hits New 12-Month High - Time to Buy?

Coca-Cola HBC logo with Consumer Staples background

Shares of Coca-Cola HBC AG (OTCMKTS:CCHGY - Get Free Report) hit a new 52-week high on Monday . The company traded as high as $51.90 and last traded at $49.85, with a volume of 1864 shares traded. The stock had previously closed at $50.25.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank upgraded shares of Coca-Cola HBC to a "strong-buy" rating in a research report on Wednesday, April 2nd. Three investment analysts have rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy".

Get Our Latest Research Report on CCHGY

Coca-Cola HBC Stock Performance

The company has a debt-to-equity ratio of 1.02, a current ratio of 1.14 and a quick ratio of 0.91. The business has a 50 day moving average price of $44.27 and a 200-day moving average price of $38.32.

Coca-Cola HBC Company Profile

(Get Free Report)

Coca-Cola HBC AG engages in the production, distribution, and sale of non-alcoholic ready-to-drink beverages under franchise in Switzerland, the United Kingdom, North and Central America, rest of Europe, the Nordic countries, and internationally. The company offers sparkling soft drinks, adult sparkling, hydration drinks, juices, ready-to-drink tea and coffee, sports and energy drinks, dairy, stills, coffee, water, plant-based drinks, premium spirits, and snacks.

Further Reading

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