Coca-Cola HBC (LON:CCH) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

Coca-Cola HBC AG (LON:CCH) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 2,747.49 ($34.13) and traded as low as GBX 2,728 ($33.89). Coca-Cola HBC shares last traded at GBX 2,774 ($34.46), with a volume of 356,729 shares changing hands.

Coca-Cola HBC Stock Down 0.7 %

The firm has a market capitalization of £9.97 billion, a PE ratio of 1,925.87, a P/E/G ratio of 1.03 and a beta of 0.94. The stock has a 50-day simple moving average of GBX 2,764.48 and a 200-day simple moving average of GBX 2,748.27. The company has a quick ratio of 0.80, a current ratio of 1.14 and a debt-to-equity ratio of 135.02.

Insider Buying and Selling

In other news, insider Zoran Bogdanovic acquired 162 shares of Coca-Cola HBC stock in a transaction that occurred on Thursday, October 17th. The stock was bought at an average price of GBX 2,812 ($34.93) per share, with a total value of £4,555.44 ($5,658.93). In the last 90 days, insiders bought 12,113 shares of company stock valued at $34,228,426. 47.16% of the stock is owned by insiders.

Coca-Cola HBC Company Profile

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.