Coca-Cola HBC (LON:CCH) Hits New 1-Year High – Still a Buy?

Coca-Cola HBC AG (LON:CCH) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 2,896 ($36.03) and last traded at GBX 2,888 ($35.93), with a volume of 3184319 shares. The stock had previously closed at GBX 2,866 ($35.66).

Coca-Cola HBC Trading Up 0.7 %

The business’s 50-day moving average price is GBX 2,771.17 and its 200-day moving average price is GBX 2,759.47. The company has a debt-to-equity ratio of 135.02, a current ratio of 1.14 and a quick ratio of 0.80. The firm has a market capitalization of £10.44 billion, a PE ratio of 2,017.34, a price-to-earnings-growth ratio of 1.03 and a beta of 0.94.

Insider Activity at Coca-Cola HBC

In other Coca-Cola HBC news, insider Zoran Bogdanovic bought 11,624 shares of Coca-Cola HBC stock in a transaction on Wednesday, November 27th. The stock was bought at an average price of GBX 2,828 ($35.18) per share, with a total value of £328,726.72 ($408,965.81). Insiders have bought a total of 12,113 shares of company stock worth $34,224,214 in the last three months. Insiders own 47.16% of the company’s stock.

Coca-Cola HBC Company Profile

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.