StockNews.com downgraded shares of Compañía Cervecerías Unidas (NYSE:CCU - Free Report) from a strong-buy rating to a buy rating in a research note published on Thursday morning.
Compañía Cervecerías Unidas Stock Performance
Shares of CCU traded up $0.18 during trading hours on Thursday, hitting $14.90. The stock had a trading volume of 118,057 shares, compared to its average volume of 156,884. The firm has a 50-day moving average price of $12.83 and a 200 day moving average price of $11.75. Compañía Cervecerías Unidas has a fifty-two week low of $10.00 and a fifty-two week high of $15.10. The firm has a market capitalization of $2.75 billion, a price-to-earnings ratio of 19.86, a PEG ratio of 2.69 and a beta of 0.85. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.44 and a current ratio of 2.06.
Institutional Investors Weigh In On Compañía Cervecerías Unidas
A number of institutional investors have recently modified their holdings of CCU. Parvin Asset Management LLC purchased a new stake in shares of Compañía Cervecerías Unidas during the fourth quarter worth about $44,000. Banque de Luxembourg S.A. purchased a new stake in shares of Compañía Cervecerías Unidas in the 4th quarter valued at approximately $63,000. Fielder Capital Group LLC acquired a new stake in Compañía Cervecerías Unidas during the fourth quarter worth $115,000. Ballentine Partners LLC acquired a new stake in shares of Compañía Cervecerías Unidas during the 4th quarter worth about $116,000. Finally, R Squared Ltd acquired a new stake in shares of Compañía Cervecerías Unidas during the fourth quarter valued at about $126,000. 24.07% of the stock is currently owned by institutional investors and hedge funds.
Compañía Cervecerías Unidas Company Profile
(
Get Free Report)
Compañía Cervecerías Unidas SA operates as a beverage company in Chile, Argentina, Bolivia, Colombia, Paraguay, and Uruguay. The company operates through three segments: Chile, International Business, and Wine. It produces and sells alcoholic and non-alcoholic beer under proprietary and licensed brands, as well as distributes Pernod Ricard products in non-supermarket retail stores.
Further Reading
Before you consider Compañía Cervecerías Unidas, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Compañía Cervecerías Unidas wasn't on the list.
While Compañía Cervecerías Unidas currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
