C&C Group plc (LON:CCR) Insider Angela Bromfield Buys 13,439 Shares

C&C Group plc (LON:CCR) insider Angela Bromfield purchased 13,439 shares of the business’s stock in a transaction dated Wednesday, December 18th. The shares were purchased at an average price of GBX 147 ($1.84) per share, with a total value of £19,755.33 ($24,691.08).

C&C Group Stock Performance

LON CCR opened at GBX 147 ($1.84) on Friday. The stock has a market cap of £562.52 million, a PE ratio of -612.50, a P/E/G ratio of 5.61 and a beta of 1.26. C&C Group plc has a twelve month low of GBX 142.24 ($1.78) and a twelve month high of GBX 178.20 ($2.23). The stock has a fifty day simple moving average of GBX 151.26 and a 200-day simple moving average of GBX 155.48. The company has a current ratio of 1.16, a quick ratio of 0.80 and a debt-to-equity ratio of 56.01.

C&C Group Cuts Dividend

The business also recently announced 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. This represents a yield of 1.03%. The ex-dividend date of this dividend was Thursday, November 14th. C&C Group’s dividend payout ratio (DPR) is presently -2,083.33%.

Analyst Upgrades and Downgrades

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

About C&C Group

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.