Coca-Cola HBC (LON:CCH) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

Coca-Cola HBC AG (LON:CCH) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2,750.81 ($33.59) and traded as low as GBX 2,744 ($33.50). Coca-Cola HBC shares last traded at GBX 2,744 ($33.50), with a volume of 43,980,113 shares.

Coca-Cola HBC Trading Down 1.9 %

The company has a current ratio of 1.14, a quick ratio of 0.80 and a debt-to-equity ratio of 135.02. The company has a market cap of £9.93 billion, a PE ratio of 1,918.88, a P/E/G ratio of 1.03 and a beta of 0.94. The company has a fifty day simple moving average of GBX 2,764.48 and a two-hundred day simple moving average of GBX 2,750.81.

Insider Buying and Selling

In other news, insider Zoran Bogdanovic acquired 162 shares of the firm’s stock in a transaction dated Tuesday, December 17th. The stock was acquired at an average cost of GBX 2,760 ($33.70) per share, with a total value of £4,471.20 ($5,459.34). Over the last ninety days, insiders have bought 12,113 shares of company stock worth $34,228,426. Company insiders own 47.16% of the company’s stock.

About Coca-Cola HBC

Coca-Cola HBC is a growth-focused consumer packaged goods business and strategic bottling partner of The Coca-Cola Company. We open up moments that refresh us all, by creating value for our stakeholders and supporting the socio-economic development of the communities in which we operate. With a vision to be the leading 24/7 beverage partner, we offer drinks for all occasions around the clock and work together with our customers to serve 740 million consumers across a broad geographic footprint of 29 countries.