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Coca-Cola HBC (LON:CCH) Share Price Passes Above 50-Day Moving Average - What's Next?

Coca-Cola HBC logo with Consumer Defensive background

Coca-Cola HBC AG (LON:CCH - Get Free Report) shares passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 2,753.72 ($35.85) and traded as high as GBX 2,774 ($36.11). Coca-Cola HBC shares last traded at GBX 2,746 ($35.75), with a volume of 422,033 shares traded.

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 £10.04 billion, a PE ratio of 1,938.46, a PEG ratio of 1.03 and a beta of 0.94. The business's 50 day moving average is GBX 2,753.96 and its two-hundred day moving average is GBX 2,704.63.

Insider Transactions at Coca-Cola HBC

In related news, insider Zoran Bogdanovic sold 15,000 shares of Coca-Cola HBC stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of GBX 2,820 ($36.71), for a total transaction of £423,000 ($550,637.85). Insiders acquired a total of 165,424 shares of company stock valued at $466,483,399 over the last 90 days. Company insiders own 47.16% of the company's stock.

About Coca-Cola HBC

(Get Free Report)

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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