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C&C Group (LON:CCR) Hits New 52-Week High - Time to Buy?

C&C Group logo with Consumer Defensive background

C&C Group plc (LON:CCR - Get Free Report) shares hit a new 52-week high during trading on Monday . The stock traded as high as GBX 175 ($2.38) and last traded at GBX 175 ($2.38), with a volume of 11324054 shares. The stock had previously closed at GBX 172.43 ($2.34).

Analyst Ratings Changes

Separately, Shore Capital reiterated a "buy" rating on shares of C&C Group in a research report on Thursday, May 22nd.

Check Out Our Latest Report on C&C Group

C&C Group Stock Up 1.6%

The business's 50-day moving average is GBX 165.35 and its two-hundred day moving average is GBX 147.98. 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 stock has a market capitalization of £825.58 million, a price-to-earnings ratio of -7.61, a price-to-earnings-growth ratio of 5.61 and a beta of 1.26.

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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