C&C Group plc (LON:CCR – Get Free Report) dropped 18.7% during mid-day trading on Thursday . The stock traded as low as GBX 116.20 ($1.50) and last traded at GBX 120.19 ($1.55). Approximately 21,797,490 shares were traded during trading, an increase of 1,071% from the average daily volume of 1,861,864 shares. The stock had previously closed at GBX 147.80 ($1.91).
Analyst Ratings Changes
Separately, Shore Capital reissued a “buy” rating on shares of C&C Group in a research report on Thursday.
View Our Latest Analysis on C&C Group
C&C Group Stock Performance
Insider Buying and Selling
In related news, insider Roger Alexander White acquired 100,000 shares of the firm’s stock in a transaction on Thursday, March 13th. The stock was bought at an average cost of GBX 121 ($1.57) per share, with a total value of £121,000 ($156,512.74). Also, insider Ralph Findlay purchased 66,183 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The shares were purchased at an average cost of GBX 150 ($1.94) per share, for a total transaction of £99,274.50 ($128,410.94). Over the last 90 days, insiders have acquired 179,622 shares of company stock worth $24,002,983. 3.38% of the stock is currently owned by corporate insiders.
C&C Group Company Profile
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.
Recommended Stories
- Five stocks we like better than C&C Group
- 3 Warren Buffett Stocks to Buy Now
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- Business Services Stocks Investing
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- What is a Stock Market Index and How Do You Use Them?
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
Receive News & Ratings for C&C Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for C&C Group and related companies with MarketBeat.com's FREE daily email newsletter.