Coca-Cola Europacific Partners (LON:CCEP) Trading Down 1.9% – Time to Sell?

Shares of Coca-Cola Europacific Partners PLC (LON:CCEP) dropped 1.9% during trading on Tuesday . The stock traded as low as GBX 6,120 ($76.49) and last traded at GBX 6,140 ($76.74). Approximately 33,227 shares were traded during trading, an increase of 382% from the average daily volume of 6,897 shares. The stock had previously closed at GBX 6,260 ($78.24).

Coca-Cola Europacific Partners Price Performance

The stock has a fifty day moving average of GBX 5,169.94 and a 200-day moving average of GBX 1,840.57. The firm has a market capitalization of £27.75 billion, a P/E ratio of 1,720.00, a PEG ratio of 1.94 and a beta of 0.75. The company has a quick ratio of 0.66, a current ratio of 0.85 and a debt-to-equity ratio of 137.04.

Coca-Cola Europacific Partners Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 3rd. Shareholders of record on Thursday, November 14th were given a €1.23 ($1.28) dividend. This represents a yield of 1.72%. The ex-dividend date of this dividend was Thursday, November 14th. This is a boost from Coca-Cola Europacific Partners’s previous dividend of $0.74. Coca-Cola Europacific Partners’s dividend payout ratio (DPR) is presently 5,457.14%.

Coca-Cola Europacific Partners Company Profile

Coca-Cola Europacific Partners PLC, together with its subsidiaries, produces, distributes, and sells a range of non-alcoholic ready to drink beverages. It offers flavours, mixers, and energy drinks; soft drinks, waters, enhanced water, and isotonic drinks; and ready-to-drink tea and coffee, juices, and other drinks.