C&C Group (LON:CCR) Stock Crosses Below 200 Day Moving Average – What’s Next?

Shares of C&C Group plc (LON:CCRGet Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 149.10 ($1.93) and traded as low as GBX 125 ($1.61). C&C Group shares last traded at GBX 126 ($1.63), with a volume of 1,657,131 shares.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “buy” rating on shares of C&C Group in a research note on Thursday, March 13th.

View Our Latest Research Report on C&C Group

C&C Group Stock Performance

The company has a market capitalization of £571.55 million, a PE ratio of -5.27, a PEG ratio of 5.61 and a beta of 1.26. The company has a 50 day moving average of GBX 143.67 and a two-hundred day moving average of GBX 149.10. The company has a debt-to-equity ratio of 56.01, a current ratio of 1.16 and a quick ratio of 0.80.

Insiders Place Their Bets

In other C&C Group news, insider Roger Alexander White purchased 100,000 shares of the stock in a transaction dated Thursday, March 13th. The shares were purchased at an average cost of GBX 121 ($1.56) per share, with a total value of £121,000 ($156,229.83). Corporate insiders own 3.38% of the company’s stock.

C&C Group Company Profile

(Get Free Report)

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.

Further Reading

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