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Coca-Cola HBC (OTCMKTS:CCHGY) Stock Passes Above 50-Day Moving Average - Time to Sell?

Coca-Cola HBC logo with Consumer Staples background

Coca-Cola HBC AG (OTCMKTS:CCHGY - Get Free Report) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $45.53 and traded as high as $50.84. Coca-Cola HBC shares last traded at $50.84, with a volume of 896 shares.

Analyst Ratings Changes

Separately, Berenberg Bank upgraded Coca-Cola HBC to a "strong-buy" rating in a report on Wednesday, April 2nd. Three analysts have rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy".

Read Our Latest Report on Coca-Cola HBC

Coca-Cola HBC Stock Performance

The stock's 50 day simple moving average is $46.26 and its 200-day simple moving average is $39.34. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.91 and a current ratio of 1.14.

Coca-Cola HBC Company Profile

(Get Free Report)

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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