Coca-Cola HBC (LON:CCH) Hits New 12-Month High – Time to Buy?

Coca-Cola HBC AG (LON:CCH) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 2,896 ($36.70) and last traded at GBX 2,844 ($36.04), with a volume of 6147174 shares changing hands. The stock had previously closed at GBX 2,818 ($35.71).

Coca-Cola HBC Stock Performance

The stock has a 50-day moving average price of GBX 2,759.97 and a 200 day moving average price of GBX 2,743.28. 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 firm has a market capitalization of £10.33 billion, a price-to-earnings ratio of 1,980.42, a P/E/G ratio of 1.03 and a beta of 0.94.

Insider Buying and Selling at Coca-Cola HBC

In other Coca-Cola HBC news, insider Zoran Bogdanovic acquired 162 shares of the stock in a transaction dated Thursday, October 17th. The stock was acquired at an average cost of GBX 2,812 ($35.63) per share, with a total value of £4,555.44 ($5,772.23). In the last three months, insiders have bought 177,044 shares of company stock valued at $499,343,566. Insiders own 47.16% of the company’s stock.

Coca-Cola HBC Company Profile

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.