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Coca-Cola HBC (OTCMKTS:CCHGY) Sets New 12-Month High - What's Next?

Coca-Cola HBC logo with Consumer Staples background
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Shares of Coca-Cola HBC AG (OTCMKTS:CCHGY - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $44.85 and last traded at $44.85, with a volume of 4798 shares trading hands. The stock had previously closed at $44.43.

Analyst Ratings Changes

CCHGY has been the subject of several analyst reports. Kepler Capital Markets initiated coverage on shares of Coca-Cola HBC in a research note on Thursday, December 5th. They set a "hold" rating for the company. Sanford C. Bernstein started coverage on shares of Coca-Cola HBC in a report on Tuesday, December 3rd. They issued an "outperform" rating for the company. Finally, JPMorgan Chase & Co. upgraded shares of Coca-Cola HBC from a "neutral" rating to an "overweight" rating in a report on Wednesday, November 27th. Three research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy".

Get Our Latest Stock Analysis on CCHGY

Coca-Cola HBC Stock Down 2.3 %

The company has a current ratio of 1.14, a quick ratio of 0.91 and a debt-to-equity ratio of 1.02. The business's fifty day moving average price is $37.94 and its 200-day moving average price is $36.45.

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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