Coca-Cola HBC (LON:CCH) Reaches New 52-Week High – Here’s What Happened

Coca-Cola HBC AG (LON:CCH) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 2,896 ($36.20) and last traded at GBX 2,888 ($36.10), with a volume of 3184319 shares. The stock had previously closed at GBX 2,866 ($35.83).

Coca-Cola HBC Stock Up 1.6 %

The company’s fifty day simple moving average is GBX 2,774.29 and its 200-day simple moving average is GBX 2,762.31. The company has a debt-to-equity ratio of 135.02, a current ratio of 1.14 and a quick ratio of 0.80. The firm has a market capitalization of £10.64 billion, a PE ratio of 2,055.66, a price-to-earnings-growth ratio of 1.03 and a beta of 0.94.

Insiders Place Their Bets

In other news, insider Zoran Bogdanovic purchased 162 shares of the business’s stock in a transaction on Friday, January 17th. The shares were acquired at an average cost of GBX 2,786 ($34.83) per share, with a total value of £4,513.32 ($5,642.36). Over the last three months, insiders have bought 12,113 shares of company stock valued at $34,224,214. 47.16% of the stock is currently owned by insiders.

About Coca-Cola HBC

Coca-Cola HBC is a growth-focused consumer packaged goods business and strategic bottling partner of The Coca-Cola Company. We open up moments that refresh us all, by creating value for our stakeholders and supporting the socio-economic development of the communities in which we operate. With a vision to be the leading 24/7 beverage partner, we offer drinks for all occasions around the clock and work together with our customers to serve 740 million consumers across a broad geographic footprint of 29 countries.