Compañía Cervecerías Unidas S.A. (NYSE:CCU - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $11.66 and traded as high as $14.65. Compañía Cervecerías Unidas shares last traded at $14.60, with a volume of 188,671 shares trading hands.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised shares of Compañía Cervecerías Unidas from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, March 5th. Three analysts have rated the stock with a sell rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Compañía Cervecerías Unidas presently has an average rating of "Hold" and a consensus target price of $11.03.
Read Our Latest Analysis on Compañía Cervecerías Unidas
Compañía Cervecerías Unidas Price Performance
The company has a debt-to-equity ratio of 0.80, a current ratio of 2.06 and a quick ratio of 1.44. The stock has a market capitalization of $2.71 billion, a P/E ratio of 19.54, a PEG ratio of 2.69 and a beta of 0.85. The company's 50 day simple moving average is $12.62 and its two-hundred day simple moving average is $11.68.
Institutional Trading of Compañía Cervecerías Unidas
Several large investors have recently added to or reduced their stakes in CCU. Bennbridge Ltd acquired a new position in shares of Compañía Cervecerías Unidas during the fourth quarter worth approximately $14,120,000. BLI Banque de Luxembourg Investments acquired a new position in shares of Compañía Cervecerías Unidas during the fourth quarter worth approximately $7,141,000. First Eagle Investment Management LLC lifted its position in shares of Compañía Cervecerías Unidas by 1.8% during the fourth quarter. First Eagle Investment Management LLC now owns 15,970,752 shares of the company's stock worth $180,949,000 after purchasing an additional 281,295 shares in the last quarter. Wellington Management Group LLP lifted its position in shares of Compañía Cervecerías Unidas by 4.6% during the fourth quarter. Wellington Management Group LLP now owns 1,979,465 shares of the company's stock worth $22,427,000 after purchasing an additional 87,318 shares in the last quarter. Finally, Northern Trust Corp lifted its position in shares of Compañía Cervecerías Unidas by 347.8% during the fourth quarter. Northern Trust Corp now owns 88,180 shares of the company's stock worth $999,000 after purchasing an additional 68,490 shares in the last quarter. 24.07% of the stock is owned by institutional investors.
Compañía Cervecerías Unidas Company Profile
(
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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.
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