Coca-Cola HBC AG (LON:CCH - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,673.70 ($34.99) and traded as high as GBX 2,760 ($36.12). Coca-Cola HBC shares last traded at GBX 2,756 ($36.07), with a volume of 170,367 shares changing hands.
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on the company. Citigroup reissued a "neutral" rating on shares of Coca-Cola HBC in a report on Thursday, July 4th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 2,950 ($38.61) target price on shares of Coca-Cola HBC in a report on Thursday, July 4th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 2,825 ($36.97).
Check Out Our Latest Research Report on CCH
Coca-Cola HBC Stock Performance
The company has a current ratio of 1.14, a quick ratio of 0.80 and a debt-to-equity ratio of 135.02. The company has a market cap of £9.98 billion, a P/E ratio of 1,900.69, a price-to-earnings-growth ratio of 0.98 and a beta of 0.94. The company has a 50 day moving average price of GBX 2,755 and a 200-day moving average price of GBX 2,673.70.
Insider Buying and Selling at Coca-Cola HBC
In related news, insider Zoran Bogdanovic sold 15,000 shares of the stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of GBX 2,820 ($36.91), for a total value of £423,000 ($553,592.46). Insiders have acquired a total of 165,432 shares of company stock worth $466,488,555 over the last 90 days. Insiders own 47.16% of the company's stock.
Coca-Cola HBC Company Profile
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Coca-Cola HBC AG engages in the production, distribution, and sale of non-alcoholic ready-to-drink beverages under franchise in Switzerland, the United Kingdom, North and Central America, rest of Europe, the Nordic countries, and internationally. The company offers sparkling soft drinks, adult sparkling, hydration drinks, juices, ready-to-drink tea and coffee, sports and energy drinks, dairy, stills, coffee, water, plant-based drinks, premium spirits, and snacks.
Further Reading
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