Coca-Cola HBC (OTCMKTS:CCHGY) Reaches New 1-Year High – Time to Buy?

Coca-Cola HBC AG (OTCMKTS:CCHGY)’s stock price hit a new 52-week high on Thursday . The stock traded as high as $45.26 and last traded at $45.26, with a volume of 7916 shares traded. The stock had previously closed at $44.41.

Wall Street Analyst Weigh In

CCHGY has been the subject of a number of recent research reports. Kepler Capital Markets began coverage on Coca-Cola HBC in a research note on Thursday, December 5th. They issued a “hold” rating for the company. Sanford C. Bernstein began coverage on shares of Coca-Cola HBC in a report on Tuesday, December 3rd. They issued an “outperform” rating on the stock. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Coca-Cola HBC Stock Performance

The company has a quick ratio of 0.91, a current ratio of 1.14 and a debt-to-equity ratio of 1.02. The firm has a 50 day moving average price of $40.55 and a two-hundred day moving average price of $37.11.

Coca-Cola HBC Company Profile

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.