C&C Group (LON:CCR) Stock Price Crosses Below 200 Day Moving Average of $2,026.20

C&C Group plc (LON:CCR)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,026.20 ($25.54) and traded as low as GBX 135.60 ($1.71). C&C Group shares last traded at GBX 136.60 ($1.72), with a volume of 1,607,893 shares trading hands.

Analysts Set New Price Targets

Separately, Barclays restated an “overweight” rating and set a GBX 200 ($2.52) price objective on shares of C&C Group in a research note on Thursday, May 25th.

C&C Group Stock Performance

The company’s 50-day simple moving average is GBX 875.85 and its 200 day simple moving average is GBX 2,013.40. The company has a current ratio of 0.93, a quick ratio of 0.80 and a debt-to-equity ratio of 36.26. The stock has a market cap of £529.74 million, a P/E ratio of 1,225.45, a PEG ratio of 5.61 and a beta of 1.39.

About C&C Group

C&C Group plc manufactures, markets, and distributes beer, cider, 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.