Coca-Cola HBC (OTCMKTS:CCHGY - Get Free Report) was downgraded by research analysts at Wall Street Zen from a "strong-buy" rating to a "buy" rating in a report issued on Saturday.
Separately, Berenberg Bank raised Coca-Cola HBC to a "strong-buy" rating in a research report on Wednesday, April 2nd. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy".
View Our Latest Stock Analysis on Coca-Cola HBC
Coca-Cola HBC Price Performance
CCHGY stock traded up $0.46 during trading on Friday, hitting $54.55. 38,578 shares of the company traded hands, compared to its average volume of 11,091. Coca-Cola HBC has a 1 year low of $32.75 and a 1 year high of $54.72. The company has a current ratio of 1.14, a quick ratio of 0.91 and a debt-to-equity ratio of 1.02. The company has a 50-day moving average of $48.88 and a 200-day moving average of $41.19.
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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