Patrick McMahon Purchases 20,000 Shares of C&C Group plc (LON:CCR) Stock

C&C Group plc (LON:CCR – Get Rating) insider Patrick McMahon purchased 20,000 shares of the stock in a transaction that occurred on Wednesday, May 24th. The stock was acquired at an average cost of GBX 132 ($1.64) per share, with a total value of £26,400 ($32,835.82).

Patrick McMahon also recently made the following trade(s):

• On Tuesday, May 16th, Patrick McMahon purchased 80 shares of C&C Group stock. The stock was acquired at an average cost of GBX 154 ($1.92) per share, with a total value of £123.20 ($153.23).
• On Monday, April 17th, Patrick McMahon purchased 82 shares of C&C Group stock. The stock was acquired at an average cost of GBX 155 ($1.93) per share, with a total value of £127.10 ($158.08).
• On Wednesday, March 15th, Patrick McMahon purchased 88 shares of C&C Group stock. The stock was acquired at an average cost of GBX 143 ($1.78) per share, with a total value of £125.84 ($156.52).

C&C Group Stock Performance

C&C Group stock opened at £135.40 ($168.41) on Thursday. The company has a debt-to-equity ratio of 42.42, a current ratio of 1.20 and a quick ratio of 0.80. C&C Group plc has a 1-year low of GBX 125.54 ($1.56) and a 1-year high of GBX 211 ($2.62). The firm has a market capitalization of £53.21 billion, a P/E ratio of 902.67, a price-to-earnings-growth ratio of 5.61 and a beta of 1.43. The company’s 50-day moving average is GBX 151.87 and its 200 day moving average is GBX 162.28.

C&C Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, July 21st. Investors of record on Thursday, June 8th will be given a €0.04 ($0.04) dividend. This represents a yield of 2.4%. The ex-dividend date of this dividend is Thursday, June 8th.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “buy” rating on shares of C&C Group in a report on Thursday, March 23rd.

C&C Group Company Profile

(Get Rating)

C&C Group plc manufactures, markets, and distributes cider, beer, wine, spirits, and soft drinks in the Republic of Ireland, Great Britain, and internationally. The company offers its products primarily under the Tennent's, Bulmers, Magners, Orchard Pig, Heverlee, 5 Lamps, Fête, Blackthorn, Seven Summits, Dowd's Lane, Chaplin & Cork's, Celedonia Best, and Addlestones brand name.