Ralph Findlay Buys 66,183 Shares of C&C Group plc (LON:CCR) Stock

C&C Group plc (LON:CCR) insider Ralph Findlay acquired 66,183 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was purchased at an average cost of GBX 150 ($1.90) per share, with a total value of £99,274.50 ($125,950.90).

C&C Group Stock Up 2.0 %

CCR stock opened at GBX 151.40 ($1.92) on Tuesday. The company has a current ratio of 1.16, a quick ratio of 0.80 and a debt-to-equity ratio of 56.01. The firm has a 50 day simple moving average of GBX 151.88 and a 200-day simple moving average of GBX 155.82. The company has a market capitalization of £579.36 million, a P/E ratio of -630.83, a PEG ratio of 5.61 and a beta of 1.26. C&C Group plc has a twelve month low of GBX 142.20 ($1.80) and a twelve month high of GBX 178.20 ($2.26).

C&C Group Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 13th. Stockholders of record on Thursday, November 14th were given a €0.02 ($0.02) dividend. This represents a dividend yield of 1.03%. The ex-dividend date of this dividend was Thursday, November 14th. C&C Group’s payout ratio is currently -2,083.33%.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “buy” rating on shares of C&C Group in a research note on Thursday, December 12th.

C&C Group Company Profile

C&C Group plc manufactures, markets, and distributes beer, cider, wine, spirits, and soft drinks in the Republic of Ireland, Great Britain, and internationally. The company offers its products primarily under the Tennent's, Bulmers, Magners, Orchard Pig, Heverlee, 5 Lamps, Fête, Blackthorn, Seven Summits, Dowd's Lane, Chaplin & Cork's, Celedonia Best, and Addlestones brand name.