Coca-Cola HBC AG (OTCMKTS:CCHGY - Get Free Report)'s share price reached a new 52-week high on Tuesday . The stock traded as high as $53.10 and last traded at $51.39, with a volume of 2506 shares changing hands. The stock had previously closed at $51.31.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank upgraded Coca-Cola HBC to a "strong-buy" rating in a research report on Wednesday, April 2nd. Three research analysts have rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy".
Read Our Latest Stock Report on CCHGY
Coca-Cola HBC Stock Down 2.4 %
The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.91 and a current ratio of 1.14. The stock's fifty day moving average price is $47.13 and its two-hundred day moving average price is $39.87.
About Coca-Cola HBC
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Coca-Cola HBC AG engages in the production, distribution, and sale of non-alcoholic ready-to-drink beverages under franchise in Switzerland, the United Kingdom, North and Central America, rest of Europe, the Nordic countries, and internationally. The company offers sparkling soft drinks, adult sparkling, hydration drinks, juices, ready-to-drink tea and coffee, sports and energy drinks, dairy, stills, coffee, water, plant-based drinks, premium spirits, and snacks.
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