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Britvic (LON:BVIC) Share Price Passes Above Two Hundred Day Moving Average - Should You Sell?

Britvic logo with Consumer Defensive background

Britvic plc (LON:BVIC - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,082.36 ($14.48) and traded as high as GBX 1,282 ($17.15). Britvic shares last traded at GBX 1,274 ($17.04), with a volume of 708,911 shares changing hands.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Britvic from GBX 1,080 ($14.45) to GBX 1,315 ($17.59) and gave the company a "hold" rating in a report on Tuesday, July 9th.

Check Out Our Latest Report on Britvic

Britvic Price Performance

The company has a debt-to-equity ratio of 253.32, a current ratio of 1.04 and a quick ratio of 0.73. The stock has a 50 day simple moving average of GBX 1,271.69 and a two-hundred day simple moving average of GBX 1,085.35. The company has a market cap of £3.14 billion, a price-to-earnings ratio of 2,498.04, a price-to-earnings-growth ratio of 1.90 and a beta of 0.60.

Britvic Company Profile

(Get Free Report)

Britvic plc, together with its subsidiaries, manufactures, markets, distributes, and sells soft drinks in the United Kingdom, the Republic of Ireland, France, Brazil, and internationally. It provides fruit juices, syrups, squash, mineral water, sodas, mixers, and energy and flavored drinks. The company supplies water-coolers and bottled water; offers pension funding and financing services; and designs, installs, as well as engages in maintenance of integrated tap related solutions.

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