Insider Buying: C&C Group plc (LON:CCR) Insider Acquires 100,000 Shares of Stock

C&C Group plc (LON:CCR) insider Roger Alexander White bought 100,000 shares of the stock in a transaction that occurred on Thursday, March 13th. The stock was bought at an average cost of GBX 121 ($1.57) per share, for a total transaction of £121,000 ($156,512.74).

C&C Group Price Performance

Shares of LON CCR opened at GBX 123 ($1.59) on Friday. The business’s 50 day moving average price is GBX 145.73 and its two-hundred day moving average price is GBX 150.17. The company has a market cap of £557.94 million, a PE ratio of -5.15, a price-to-earnings-growth ratio of 5.61 and a beta of 1.26. The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 56.01. C&C Group plc has a twelve month low of GBX 115.38 ($1.49) and a twelve month high of GBX 178.20 ($2.31).

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “buy” rating on shares of C&C Group in a research report on Thursday.

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.