Coca-Cola Europacific Partners (LON:CCEP) Stock Price Up 1.3% – Should You Buy?

Coca-Cola Europacific Partners PLC (LON:CCEP) rose 1.3% during mid-day trading on Thursday . The company traded as high as GBX 6,300 ($76.92) and last traded at GBX 6,240 ($76.19). Approximately 22,214 shares were traded during trading, a decline of 69% from the average daily volume of 72,676 shares. The stock had previously closed at GBX 6,160 ($75.21).

Coca-Cola Europacific Partners Stock Performance

The firm has a market capitalization of £28.29 billion, a PE ratio of 1,753.34, a price-to-earnings-growth ratio of 1.94 and a beta of 0.75. The company has a debt-to-equity ratio of 137.04, a current ratio of 0.85 and a quick ratio of 0.66. The stock has a 50-day moving average price of GBX 6,155.52 and a 200-day moving average price of GBX 2,517.01.

Coca-Cola Europacific Partners Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 3rd. Investors of record on Thursday, November 14th were issued a €1.23 ($1.26) dividend. This is a positive change from Coca-Cola Europacific Partners’s previous dividend of $0.74. This represents a yield of 1.72%. The ex-dividend date was Thursday, November 14th. Coca-Cola Europacific Partners’s payout ratio is currently 5,457.14%.

About Coca-Cola Europacific Partners

Coca-Cola Europacific Partners is the world’s largest independent Coca-Cola bottler by revenue. Our employees make, sell and distribute the world’s most loved drinks brands, serving a consumer population of more than 600 million across 29 markets.