Coca-Cola HBC (LON:CCH) Hits New 52-Week High - What's Next?

Coca-Cola HBC AG (LON:CCH - Get Free Report)'s stock price reached a new 52-week high during trading on Monday . The company traded as high as GBX 3,844 ($51.07) and last traded at GBX 3,838 ($50.99), with a volume of 988764 shares. The stock had previously closed at GBX 3,798 ($50.46).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reissued an "overweight" rating and set a GBX 3,650 ($48.49) price objective on shares of Coca-Cola HBC in a research report on Friday, March 28th.

Coca-Cola HBC Trading Up 0.8 %

The firm's fifty day moving average is GBX 3,537.54 and its two-hundred day moving average is GBX 3,066.41. The firm has a market capitalization of £16.71 billion, a PE ratio of 26.69, a PEG ratio of 1.03 and a beta of 0.94. The company has a debt-to-equity ratio of 137.31, a current ratio of 1.14 and a quick ratio of 0.80.

Insider Buying and Selling at Coca-Cola HBC

In other news, insider Zoran Bogdanovic acquired 129,325 shares of the stock in a transaction that occurred on Monday, March 17th. The shares were acquired at an average cost of GBX 3,451 ($45.85) per share, for a total transaction of £4,463,005.75 ($5,929,328.75). Insiders acquired 269,049 shares of company stock worth $898,220,443 in the last quarter. 47.16% of the stock is currently owned by company insiders.

About Coca-Cola HBC

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 750 million consumers across a broad geographic footprint of 29 countries.