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

Britvic plc (LON:BVIC - Get Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,137.31 ($14.75) and traded as high as GBX 1,284 ($16.65). Britvic shares last traded at GBX 1,280 ($16.60), with a volume of 4,597,528 shares trading hands.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft raised their target price on shares of Britvic from GBX 1,080 ($14.01) to GBX 1,315 ($17.05) and gave the stock a "hold" rating in a report on Tuesday, July 9th.

Britvic Stock Performance

The company has a quick ratio of 0.73, a current ratio of 1.04 and a debt-to-equity ratio of 253.32. The company has a market capitalization of £3.16 billion, a P/E ratio of 2,509.80, a price-to-earnings-growth ratio of 1.90 and a beta of 0.60. The business has a fifty day moving average price of GBX 1,276.33 and a 200 day moving average price of GBX 1,137.31.

About Britvic

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.