Coca-Cola HBC (LON:CCH) Hits New 1-Year High – Should You Buy?

Coca-Cola HBC AG (LON:CCH)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 63.26 ($0.81) and last traded at GBX 2,800 ($36.03), with a volume of 364162 shares changing hands. The stock had previously closed at GBX 2,818 ($36.26).

Coca-Cola HBC Price Performance

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 business’s 50-day simple moving average is GBX 2,763.12 and its 200-day simple moving average is GBX 2,719.53. The stock has a market cap of £9.96 billion, a PE ratio of 1,935.66, a PEG ratio of 1.03 and a beta of 0.94.

Insiders Place Their Bets

In other Coca-Cola HBC news, insider Zoran Bogdanovic bought 165,093 shares of the company’s stock in a transaction dated Tuesday, September 17th. The shares were purchased at an average price of GBX 2,820 ($36.29) per share, for a total transaction of £4,655,622.60 ($5,991,021.23). Company insiders own 47.16% of the company’s stock.

About Coca-Cola HBC

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.