Coca-Cola HBC (OTCMKTS:CCHGY - Get Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $52.60 and traded as high as $52.68. Coca-Cola HBC shares last traded at $52.68, with a volume of 2,890 shares.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on CCHGY. Wall Street Zen downgraded Coca-Cola HBC from a "strong-buy" rating to a "buy" rating in a research report on Sunday. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Coca-Cola HBC in a research report on Friday, August 8th. Three analysts have rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy".
Check Out Our Latest Research Report on CCHGY
Coca-Cola HBC Price Performance
The business has a fifty day moving average price of $52.61 and a 200-day moving average price of $48.64. The company has a quick ratio of 0.95, a current ratio of 1.17 and a debt-to-equity ratio of 0.94.
Coca-Cola HBC Increases Dividend
The company also recently disclosed a dividend, which was paid on Wednesday, July 9th. Stockholders of record on Monday, June 2nd were issued a $1.1203 dividend. This represents a dividend yield of 207.0%. The ex-dividend date was Friday, May 30th. This is an increase from Coca-Cola HBC's previous dividend of $0.60.
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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