C&C Group (OTCMKTS:CGPZF) Stock Price Up 9.5% – Still a Buy?

C&C Group plc (OTCMKTS:CGPZFGet Free Report)’s stock price rose 9.5% during mid-day trading on Thursday . The company traded as high as $1.7744 and last traded at $1.7744. Approximately 2,759 shares traded hands during trading, a decline of 64% from the average daily volume of 7,630 shares. The stock had previously closed at $1.62.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada initiated coverage on shares of C&C Group in a report on Wednesday, September 24th. They issued a “sector perform” rating for the company. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Stock Report on C&C Group

C&C Group Stock Up 9.5%

The stock’s 50 day moving average is $1.78 and its 200-day moving average is $2.09.

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.

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