Coca-Cola HBC AG (OTCMKTS:CCHGY - Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $50.23 and traded as high as $53.00. Coca-Cola HBC shares last traded at $53.00, with a volume of 1,662 shares changing hands.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on CCHGY. Wall Street Zen raised shares of Coca-Cola HBC from a "buy" rating to a "strong-buy" rating in a research note on Monday. Berenberg Bank upgraded 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, two have given a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Buy".
Check Out Our Latest Report on CCHGY
Coca-Cola HBC Price Performance
The company has a debt-to-equity ratio of 1.02, a current ratio of 1.14 and a quick ratio of 0.91. The firm's fifty day moving average price is $50.23 and its 200-day moving average price is $42.09.
Coca-Cola HBC Increases Dividend
The firm also recently declared a dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Monday, June 2nd will be issued a $1.1203 dividend. This is an increase from Coca-Cola HBC's previous dividend of $0.60. This represents a dividend yield of 2.07%. The ex-dividend date of this dividend is Friday, May 30th.
Coca-Cola HBC Company Profile
(
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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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