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

Shares of Coca-Cola HBC AG (LON:CCH) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 63.26 ($0.81) and last traded at GBX 2,800 ($36.03), with a volume of 364162 shares. The stock had previously closed at GBX 2,818 ($36.26).

Coca-Cola HBC Price Performance

The firm has a market cap of £10.14 billion, a price-to-earnings ratio of 1,970.63, a PEG ratio of 1.03 and a beta of 0.94. The company has a quick ratio of 0.80, a current ratio of 1.14 and a debt-to-equity ratio of 135.02. The firm has a fifty day moving average price of GBX 2,762.04 and a 200-day moving average price of GBX 2,719.19.

Insider Buying and Selling at Coca-Cola HBC

In related news, insider Zoran Bogdanovic purchased 169 shares of the company’s stock in a transaction dated Friday, August 16th. The shares were acquired at an average cost of GBX 2,755 ($35.45) per share, with a total value of £4,655.95 ($5,991.44). Insiders have bought a total of 165,424 shares of company stock valued at $466,483,399 in the last three months. 47.16% of the stock is currently owned by company insiders.

About Coca-Cola HBC

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.