Coca-Cola HBC (LON:CCH) Sets New 12-Month High – Time to Buy?

Coca-Cola HBC AG (LON:CCH)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as GBX 3,346 ($42.16) and last traded at GBX 3,336 ($42.03), with a volume of 326101 shares traded. The stock had previously closed at GBX 3,308 ($41.68).

Coca-Cola HBC Stock Up 0.2 %

The company’s 50 day moving average is GBX 2,894.07 and its 200 day moving average is GBX 2,810.50. The company has a market cap of £14.76 billion, a PE ratio of 23.57, a P/E/G ratio of 1.03 and a beta of 0.94. The company has a current ratio of 1.14, a quick ratio of 0.80 and a debt-to-equity ratio of 137.31.

Insider Activity at Coca-Cola HBC

In other news, insider Zoran Bogdanovic acquired 162 shares of the firm’s stock in a transaction that occurred on Friday, January 17th. The stock was purchased at an average cost of GBX 2,786 ($35.10) per share, for a total transaction of £4,513.32 ($5,686.43). Over the last quarter, insiders bought 139,134 shares of company stock worth $449,393,562. Company insiders own 47.16% of the company’s stock.

Coca-Cola HBC Company Profile

Coca-Cola HBC is a growth-focused consumer packaged goods business and strategic bottling partner of The Coca-Cola Company. We open up moments that refresh us all, by creating value for our stakeholders and supporting the socio-economic development of the communities in which we operate. With a vision to be the leading 24/7 beverage partner, we offer drinks for all occasions around the clock and work together with our customers to serve 740 million consumers across a broad geographic footprint of 29 countries.