C&C Group plc (LON:CCR) Insider Ralph Findlay Acquires 66,183 Shares of Stock

C&C Group plc (LON:CCR) insider Ralph Findlay purchased 66,183 shares of the business’s stock in a transaction on Monday, December 16th. The shares were bought at an average cost of GBX 150 ($1.90) per share, for a total transaction of £99,274.50 ($125,950.90).

C&C Group Stock Performance

LON CCR opened at GBX 151.40 ($1.92) on Tuesday. The company has a debt-to-equity ratio of 56.01, a current ratio of 1.16 and a quick ratio of 0.80. C&C Group plc has a 1-year low of GBX 142.20 ($1.80) and a 1-year high of GBX 178.20 ($2.26). The firm has a market capitalization of £579.36 million, a P/E ratio of -630.83, a P/E/G ratio of 5.61 and a beta of 1.26. The business’s 50-day simple moving average is GBX 151.88 and its 200-day simple moving average is GBX 155.82.

C&C Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 13th. Shareholders of record on Thursday, November 14th were paid a dividend of €0.02 ($0.02) per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a yield of 1.03%. C&C Group’s dividend payout ratio is currently -2,083.33%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “buy” rating on shares of C&C Group in a research report on Thursday, December 12th.

C&C Group Company Profile

C&C Group plc manufactures, markets, and distributes beer, cider, wine, spirits, and soft drinks in the Republic of Ireland, Great Britain, and internationally. The company offers its products primarily under the Tennent's, Bulmers, Magners, Orchard Pig, Heverlee, 5 Lamps, Fête, Blackthorn, Seven Summits, Dowd's Lane, Chaplin & Cork's, Celedonia Best, and Addlestones brand name.