C&C Group plc (LON:CCR - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 145.37 ($1.99) and traded as high as GBX 171.20 ($2.35). C&C Group shares last traded at GBX 169 ($2.32), with a volume of 1,747,929 shares.
Analysts Set New Price Targets
Separately, Shore Capital restated a "buy" rating on shares of C&C Group in a research note on Thursday, May 22nd.
Get Our Latest Stock Analysis on C&C Group
C&C Group Price Performance
The stock's 50 day simple moving average is GBX 155.21 and its 200-day simple moving average is GBX 145.37. The firm has a market cap of £766.61 million, a price-to-earnings ratio of -7.07, a price-to-earnings-growth 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.
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider C&C Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and C&C Group wasn't on the list.
While C&C Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
