Coca-Cola HBC (LON:CCH) Share Price Passes Below 200-Day Moving Average – What’s Next?

Posted by ABMN Staff on Jan 3rd, 2025

Coca-Cola HBC AG (LON:CCH – Get Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,747.49 ($34.01) and traded as low as GBX 2,728 ($33.77). Coca-Cola HBC shares last traded at GBX 2,774 ($34.34), with a volume of 356,729 shares.

Coca-Cola HBC Stock Up 1.5 %

The company has a quick ratio of 0.80, a current ratio of 1.14 and a debt-to-equity ratio of 135.02. The company has a market capitalization of £10.04 billion, a price-to-earnings ratio of 1,939.86, a P/E/G ratio of 1.03 and a beta of 0.94. The business’s 50-day moving average is GBX 2,764.96 and its 200-day moving average is GBX 2,747.49.

Insider Buying and Selling at Coca-Cola HBC

In other news, insider Zoran Bogdanovic acquired 165 shares of the company’s stock in a transaction dated Monday, November 18th. The shares were acquired at an average price of GBX 2,746 ($33.99) per share, with a total value of £4,530.90 ($5,608.24). In the last quarter, insiders purchased 12,113 shares of company stock worth $34,228,426. Insiders own 47.16% of the company’s stock.

About Coca-Cola HBC

(Get Free Report)

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.