Coca-Cola Europacific Partners (LON:CCEP) Shares Down 1.7% – Here’s What Happened

Coca-Cola Europacific Partners PLC (LON:CCEP) shares fell 1.7% during mid-day trading on Tuesday . The company traded as low as GBX 6,160 ($77.44) and last traded at GBX 6,176.35 ($77.64). 54,092 shares changed hands during mid-day trading, an increase of 1,431% from the average session volume of 3,532 shares. The stock had previously closed at GBX 6,280 ($78.94).

Coca-Cola Europacific Partners Price Performance

The stock has a fifty day moving average of GBX 3,090.30 and a 200-day moving average of GBX 1,132.89. The company has a quick ratio of 0.66, a current ratio of 0.85 and a debt-to-equity ratio of 137.04. The stock has a market capitalization of £28.47 billion, a price-to-earnings ratio of 1,764.67, a P/E/G ratio of 1.94 and a beta of 0.75.

Coca-Cola Europacific Partners Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, December 3rd. Investors of record on Thursday, November 14th will be issued a €1.23 ($1.29) dividend. This represents a yield of 1.72%. This is an increase from Coca-Cola Europacific Partners’s previous dividend of $0.74. The ex-dividend date of this dividend is Thursday, November 14th. Coca-Cola Europacific Partners’s dividend payout ratio is 5,457.14%.

Coca-Cola Europacific Partners Company Profile

Coca-Cola Europacific Partners PLC, together with its subsidiaries, produces, distributes, and sells a range of non-alcoholic ready to drink beverages. It offers flavours, mixers, and energy drinks; soft drinks, waters, enhanced water, and isotonic drinks; and ready-to-drink tea and coffee, juices, and other drinks.