Coca-Cola HBC (LON:CCH) Stock Price Crosses Below Two Hundred Day Moving Average of $2,238.67

Coca-Cola HBC AG (LON:CCHGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 2,238.67 ($28.27) and traded as low as GBX 2,195 ($27.72). Coca-Cola HBC shares last traded at GBX 2,213 ($27.95), with a volume of 372,061 shares changing hands.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. restated a “neutral” rating on shares of Coca-Cola HBC in a research note on Tuesday, November 21st. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 2,770 ($34.98).

Get Our Latest Analysis on Coca-Cola HBC

Coca-Cola HBC Price Performance

The company has a 50-day simple moving average of GBX 2,299.72 and a 200-day simple moving average of GBX 2,238.67. The stock has a market cap of £8.08 billion, a PE ratio of 1,475.33, a PEG ratio of 0.76 and a beta of 0.91. The company has a debt-to-equity ratio of 108.31, a current ratio of 1.21 and a quick ratio of 0.80.

Insiders Place Their Bets

In other Coca-Cola HBC news, insider Zoran Bogdanovic sold 14,800 shares of the stock in a transaction on Thursday, November 30th. The stock was sold at an average price of GBX 2,190 ($27.66), for a total value of £324,120 ($409,345.79). Over the last quarter, insiders acquired 598 shares of company stock worth $1,342,451 and sold 28,692 shares worth $64,496,640. 46.94% of the stock is currently owned by company insiders.

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 and internationally. The company offers sparkling soft drinks, adult sparkling, hydration drinks, juices, ready-to-drink tea, energy drinks, dairy, coffee, water, plant-based drinks, premium spirits and flavored alcoholic beverages, and snacks.

Further Reading

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