Coca-Cola HBC (LON:CCH) Hits New 1-Year High – What’s Next?

Coca-Cola HBC AG (LON:CCH)’s share price hit a new 52-week high on Thursday . The company traded as high as GBX 3,184 ($39.63) and last traded at GBX 3,148 ($39.18), with a volume of 8779979 shares traded. The stock had previously closed at GBX 2,970 ($36.97).

Coca-Cola HBC Stock Performance

The stock has a market capitalization of £11.56 billion, a P/E ratio of 2,232.17, a price-to-earnings-growth ratio of 1.03 and a beta of 0.94. The company has a current ratio of 1.14, a quick ratio of 0.80 and a debt-to-equity ratio of 135.02. The company has a 50-day moving average price of GBX 2,790.69 and a two-hundred day moving average price of GBX 2,772.34.

Insiders Place Their Bets

In related news, insider Zoran Bogdanovic bought 165 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The shares were acquired at an average cost of GBX 2,746 ($34.18) per share, with a total value of £4,530.90 ($5,639.66). Over the last three months, insiders acquired 12,113 shares of company stock worth $34,224,214. 47.16% of the stock is owned by corporate insiders.

About Coca-Cola HBC

Coca-Cola HBC is a growth-focused consumer packaged goods business and strategic bottling partner of The Coca-Cola Company. We open up moments that refresh us all, by creating value for our stakeholders and supporting the socio-economic development of the communities in which we operate. With a vision to be the leading 24/7 beverage partner, we offer drinks for all occasions around the clock and work together with our customers to serve 740 million consumers across a broad geographic footprint of 29 countries.