Britvic (LON:BVIC) Stock Crosses Above 200-Day Moving Average – What’s Next?

Shares of Britvic plc (LON:BVIC) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,137.31 ($14.75) and traded as high as GBX 1,284 ($16.65). Britvic shares last traded at GBX 1,280 ($16.60), with a volume of 4,597,528 shares traded.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Britvic from GBX 1,080 ($14.01) to GBX 1,315 ($17.05) and gave the stock a “hold” rating in a research note on Tuesday, July 9th.

Britvic Price Performance

The company’s 50 day moving average price is GBX 1,276.73 and its 200-day moving average price is GBX 1,143.85. The company has a market capitalization of £3.16 billion, a PE ratio of 2,507.84, a PEG ratio of 1.90 and a beta of 0.60. The company has a current ratio of 1.04, a quick ratio of 0.73 and a debt-to-equity ratio of 253.32.

Britvic Company Profile

Britvic plc, together with its subsidiaries, manufactures, markets, distributes, and sells soft drinks in the United Kingdom, the Republic of Ireland, France, Brazil, and internationally. It provides fruit juices, syrups, squash, mineral water, sodas, mixers, and energy and flavored drinks. The company supplies water-coolers and bottled water; offers pension funding and financing services; and designs, installs, as well as engages in maintenance of integrated tap related solutions.