Coca-Cola HBC AG (OTCMKTS:CCHGY - Get Free Report) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $45.53 and traded as high as $50.84. Coca-Cola HBC shares last traded at $50.84, with a volume of 896 shares traded.
Analysts Set New Price Targets
Separately, Berenberg Bank raised shares of Coca-Cola HBC to a "strong-buy" rating in a research note on Wednesday, April 2nd. Three research 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 stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy".
Get Our Latest Stock Report on Coca-Cola HBC
Coca-Cola HBC Stock Performance
The stock's 50 day simple moving average is $45.53 and its two-hundred day simple moving average is $38.94. The company has a quick ratio of 0.91, a current ratio of 1.14 and a debt-to-equity ratio of 1.02.
About Coca-Cola HBC
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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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