Coca-Cola HBC (LON:CCH) Reaches New 52-Week High on Insider Buying Activity

Coca-Cola HBC AG (LON:CCH) hit a new 52-week high on Wednesday following insider buying activity. The stock traded as high as GBX 3,292 ($41.71) and last traded at GBX 3,286 ($41.64), with a volume of 500258 shares traded. The stock had previously closed at GBX 3,262 ($41.33).

Specifically, insider Zoran Bogdanovic acquired 138,810 shares of the firm’s stock in a transaction that occurred on Monday, February 17th. The stock was purchased at an average price of GBX 3,231 ($40.94) per share, with a total value of £4,484,951.10 ($5,682,908.13).

Coca-Cola HBC Trading Up 1.1 %

The company has a 50 day simple moving average of GBX 2,845.30 and a two-hundred day simple moving average of GBX 2,794.59. The company has a debt-to-equity ratio of 137.31, a quick ratio of 0.80 and a current ratio of 1.14. The company has a market cap of £14.22 billion, a PE ratio of 22.71, a PEG ratio of 1.03 and a beta of 0.94.

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.