Coca-Cola HBC AG (OTCMKTS:CCHGY - Get Free Report)'s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $47.39 and traded as high as $51.00. Coca-Cola HBC shares last traded at $50.46, with a volume of 6,727 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank raised shares of 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 two have given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy".
View Our Latest Analysis on Coca-Cola HBC
Coca-Cola HBC Stock Performance
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 business's 50 day simple moving average is $47.78 and its 200-day simple moving average is $40.44.
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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