Coca-Cola HBC (LON:CCH) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Shares of Coca-Cola HBC AG (LON:CCH) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 2,753.72 ($35.71) and traded as high as GBX 2,774 ($35.97). Coca-Cola HBC shares last traded at GBX 2,746 ($35.61), with a volume of 422,033 shares traded.

Coca-Cola HBC Stock Performance

The stock has a fifty day simple moving average of GBX 2,753.72 and a 200-day simple moving average of GBX 2,704.34. The stock has a market cap of £10.00 billion, a P/E ratio of 1,920.28, a PEG ratio of 1.03 and a beta of 0.94. The company has a debt-to-equity ratio of 135.02, a quick ratio of 0.80 and a current ratio of 1.14.

Insider Activity at Coca-Cola HBC

In other Coca-Cola HBC news, insider Zoran Bogdanovic purchased 169 shares of Coca-Cola HBC stock in a transaction that occurred on Friday, August 16th. The stock was acquired at an average price of GBX 2,755 ($35.73) per share, for a total transaction of £4,655.95 ($6,038.06). Over the last ninety days, insiders purchased 165,424 shares of company stock valued at $466,483,399. 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.