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Britvic (LON:BVIC) Stock Passes Above Two Hundred Day Moving Average - What's Next?

Britvic logo with Consumer Defensive background

Britvic plc (LON:BVIC - Get Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,104.50 ($14.42) and traded as high as GBX 1,283 ($16.75). Britvic shares last traded at GBX 1,282 ($16.74), with a volume of 165,960 shares trading hands.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Britvic from GBX 1,080 ($14.10) to GBX 1,315 ($17.17) and gave the company a "hold" rating in a research report on Tuesday, July 9th.

Get Our Latest Research Report on BVIC

Britvic Stock Performance

The company has a market capitalization of £3.16 billion, a P/E ratio of 2,511.76, a PEG ratio of 1.90 and a beta of 0.60. The stock has a fifty day simple moving average of GBX 1,273.48 and a 200-day simple moving average of GBX 1,107.73. The company has a quick ratio of 0.73, a current ratio of 1.04 and a debt-to-equity ratio of 253.32.

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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