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Coca-Cola HBC (OTCMKTS:CCHGY) Reaches New 12-Month High - Here's What Happened

Coca-Cola HBC logo with Consumer Staples background

Coca-Cola HBC AG (OTCMKTS:CCHGY - Get Free Report)'s share price reached a new 52-week high on Monday . The company traded as high as $48.11 and last traded at $47.84, with a volume of 2015 shares changing hands. The stock had previously closed at $46.99.

Analysts Set New Price Targets

Separately, Berenberg Bank upgraded shares of Coca-Cola HBC to a "strong-buy" rating in a 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's stock. According to data from MarketBeat.com, Coca-Cola HBC has an average rating of "Moderate Buy".

Get Our Latest Research Report on Coca-Cola HBC

Coca-Cola HBC Stock Performance

The firm's fifty day moving average is $44.00 and its two-hundred day moving average is $38.18. The company has a current ratio of 1.14, a quick ratio of 0.91 and a debt-to-equity ratio of 1.02.

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.

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