Coca-Cola HBC (LON:CCH) Share Price Crosses Below 200-Day Moving Average – Time to Sell?

Shares of Coca-Cola HBC AG (LON:CCH) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,747.49 ($34.13) and traded as low as GBX 2,728 ($33.89). Coca-Cola HBC shares last traded at GBX 2,774 ($34.46), with a volume of 356,729 shares traded.

Coca-Cola HBC Price Performance

The stock has a market cap of £9.97 billion, a P/E ratio of 1,925.87, a price-to-earnings-growth ratio of 1.03 and a beta of 0.94. The business’s 50 day moving average price is GBX 2,764.48 and its two-hundred day moving average price is GBX 2,748.27. The company has a current ratio of 1.14, a quick ratio of 0.80 and a debt-to-equity ratio of 135.02.

Insider Activity

In other Coca-Cola HBC news, insider Zoran Bogdanovic purchased 162 shares of the company’s stock in a transaction on Thursday, October 17th. The stock was acquired at an average cost of GBX 2,812 ($34.93) per share, for a total transaction of £4,555.44 ($5,658.93). Insiders have acquired a total of 12,113 shares of company stock valued at $34,228,426 over the last ninety days. 47.16% of the stock is currently owned by corporate insiders.

Coca-Cola HBC Company Profile

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.