Insider Buying: C&C Group plc (LON:CCR) Insider Buys 11,528 Shares of Stock

C&C Group plc (LON:CCR) insider Sarah Newbitt acquired 11,528 shares of the firm’s stock in a transaction on Wednesday, March 26th. The stock was bought at an average price of GBX 127 ($1.64) per share, with a total value of £14,640.56 ($18,954.63).

C&C Group Stock Up 1.3 %

Shares of LON CCR traded up GBX 1.60 ($0.02) during mid-day trading on Wednesday, hitting GBX 127.40 ($1.65). 14,601,742 shares of the stock traded hands, compared to its average volume of 1,704,864. The company has a debt-to-equity ratio of 56.01, a quick ratio of 0.80 and a current ratio of 1.16. The company has a market cap of £577.90 million, a price-to-earnings ratio of -5.33, a PEG ratio of 5.61 and a beta of 1.26. The stock has a fifty day moving average price of GBX 143.09 and a 200-day moving average price of GBX 148.70. C&C Group plc has a 52 week low of GBX 115.38 ($1.49) and a 52 week high of GBX 178.20 ($2.31).

Wall Street Analyst Weigh In

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

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.