Britvic (LON:BVIC) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Britvic plc (LON:BVIC)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,082.36 ($14.48) and traded as high as GBX 1,282 ($17.15). Britvic shares last traded at GBX 1,274 ($17.04), with a volume of 708,911 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Britvic from GBX 1,080 ($14.45) to GBX 1,315 ($17.59) and gave the stock a “hold” rating in a research note on Tuesday, July 9th.

Britvic Trading Down 0.2 %

The firm’s 50-day moving average is GBX 1,271.54 and its 200 day moving average is GBX 1,082.36. The company has a current ratio of 1.04, a quick ratio of 0.73 and a debt-to-equity ratio of 253.32. The firm has a market capitalization of £3.14 billion, a price-to-earnings ratio of 2,498.04, a P/E/G ratio of 1.90 and a beta of 0.60.

Britvic Company Profile

Britvic plc, together with its subsidiaries, manufactures, markets, distributes, and sells soft drinks in the United Kingdom, the Republic of Ireland, France, Brazil, and internationally. It provides fruit juices, syrups, squash, mineral water, sodas, mixers, and energy and flavored drinks. The company supplies water-coolers and bottled water; offers pension funding and financing services; and designs, installs, as well as engages in maintenance of integrated tap related solutions.