Coca-Cola Europacific Partners (LON:CCEP) Stock Price Down 1.9% – Here’s What Happened

Coca-Cola Europacific Partners PLC (LON:CCEP) shares traded down 1.9% during trading on Tuesday . The company traded as low as GBX 6,120 ($77.80) and last traded at GBX 6,140 ($78.06). 33,227 shares were traded during trading, an increase of 382% from the average session volume of 6,897 shares. The stock had previously closed at GBX 6,260 ($79.58).

Coca-Cola Europacific Partners Stock Performance

The stock has a fifty day simple moving average of GBX 4,809.40 and a two-hundred day simple moving average of GBX 1,738.51. The company has a debt-to-equity ratio of 137.04, a quick ratio of 0.66 and a current ratio of 0.85. The stock has a market capitalization of £28.30 billion, a price-to-earnings ratio of 1,754.29, a P/E/G ratio of 1.94 and a beta of 0.75.

Coca-Cola Europacific Partners Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 3rd. Investors of record on Thursday, November 14th were given a dividend of €1.23 ($1.29) per share. This is a positive change from Coca-Cola Europacific Partners’s previous dividend of $0.74. The ex-dividend date was Thursday, November 14th. This represents a dividend yield of 1.72%. Coca-Cola Europacific Partners’s dividend payout ratio is presently 5,457.14%.

Coca-Cola Europacific Partners Company Profile

Coca-Cola Europacific Partners PLC, together with its subsidiaries, produces, distributes, and sells a range of non-alcoholic ready to drink beverages. It offers flavours, mixers, and energy drinks; soft drinks, waters, enhanced water, and isotonic drinks; and ready-to-drink tea and coffee, juices, and other drinks.