C&C Group (LON:CCR) Stock Crosses Below 200-Day Moving Average - Should You Sell?

C&C Group plc (LON:CCR - Get Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 145.25 ($1.93) and traded as low as GBX 122.40 ($1.63). C&C Group shares last traded at GBX 123.79 ($1.65), with a volume of 26,256,662 shares traded.

Analyst Ratings Changes

Separately, Shore Capital reissued a "buy" rating on shares of C&C Group in a research note on Thursday, March 13th.

C&C Group Price Performance

The business has a 50 day moving average price of GBX 134.48 and a 200-day moving average price of GBX 144.39. The company has a market capitalization of £578.81 million, a price-to-earnings ratio of -5.34, a P/E/G ratio of 5.61 and a beta of 1.26. The company has a debt-to-equity ratio of 56.01, a quick ratio of 0.80 and a current ratio of 1.16.

Insider Buying and Selling at C&C Group

In other news, insider Sarah Newbitt purchased 11,528 shares of the company's stock in a transaction that occurred on Wednesday, March 26th. The shares were acquired at an average cost of GBX 127 ($1.69) per share, with a total value of £14,640.56 ($19,466.24). Also, insider Roger Alexander White purchased 100,000 shares of the business's stock in a transaction on Thursday, March 13th. The stock was purchased at an average price of GBX 121 ($1.61) per share, for a total transaction of £121,000 ($160,882.86). Insiders own 3.38% of the company's stock.

C&C Group Company Profile

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.