C&C Group plc (LON:CCR – Get Free Report)’s stock price fell 18.7% during mid-day trading on Thursday . The stock traded as low as GBX 116.20 ($1.50) and last traded at GBX 120.19 ($1.55). 21,797,490 shares were traded during mid-day trading, an increase of 1,071% from the average session volume of 1,861,864 shares. The stock had previously closed at GBX 147.80 ($1.91).
Analyst Upgrades and Downgrades
Separately, Shore Capital reiterated a “buy” rating on shares of C&C Group in a research report on Thursday.
Read Our Latest Analysis on C&C Group
C&C Group Price Performance
The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 56.01. The company has a market cap of £557.94 million, a price-to-earnings ratio of -5.15, a price-to-earnings-growth ratio of 5.61 and a beta of 1.26. The company has a fifty day simple moving average of GBX 146.24 and a two-hundred day simple moving average of GBX 150.40.
Insider Buying and Selling at C&C Group
In related news, insider Roger Alexander White acquired 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 13th. The shares were acquired at an average price of GBX 121 ($1.57) per share, with a total value of £121,000 ($156,512.74). Also, insider Angela Bromfield acquired 13,439 shares of the firm’s stock in a transaction that occurred on Wednesday, December 18th. The shares were bought at an average cost of GBX 147 ($1.90) per share, for a total transaction of £19,755.33 ($25,553.40). Over the last 90 days, insiders have bought 179,622 shares of company stock valued at $24,002,983. Insiders own 3.38% of the company’s stock.
About C&C Group
(Get Free Report)
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.
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C&C Group plc (LON:CCR – Get Free Report)’s share price was down 18.7% during trading on Thursday . The stock traded as low as GBX 116.20 ($1.50) and last traded at GBX 120.19 ($1.55). Approximately 21,797,490 shares were traded during mid-day trading, an increase of 1,071% from the average daily volume of 1,861,864 shares. The stock had previously closed at GBX 147.80 ($1.91).
Wall Street Analyst Weigh In
Separately, Shore Capital reaffirmed a “buy” rating on shares of C&C Group in a research report on Thursday.
Check Out Our Latest Stock Report on C&C Group
C&C Group Trading Up 2.8 %
The company has a fifty day simple moving average of GBX 146.24 and a two-hundred day simple moving average of GBX 150.40. The company has a debt-to-equity ratio of 56.01, a current ratio of 1.16 and a quick ratio of 0.80. The company has a market capitalization of £557.94 million, a P/E ratio of -5.15, a price-to-earnings-growth ratio of 5.61 and a beta of 1.26.
Insider Activity
In other news, insider Ralph Findlay bought 66,183 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were acquired at an average cost of GBX 150 ($1.94) per share, with a total value of £99,274.50 ($128,410.94). Also, insider Angela Bromfield bought 13,439 shares of the firm’s stock in a transaction that occurred on Wednesday, December 18th. The shares were purchased at an average cost of GBX 147 ($1.90) per share, for a total transaction of £19,755.33 ($25,553.40). Over the last ninety days, insiders have acquired 179,622 shares of company stock valued at $24,002,983. 3.38% of the stock is owned by insiders.
C&C Group Company Profile
(Get Free Report)
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.
Featured Articles
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