Ralph Findlay Acquires 44,151 Shares of C&C Group plc (LON:CCR) Stock

C&C Group plc (LON:CCR) insider Ralph Findlay purchased 44,151 shares of C&C Group stock in a transaction dated Monday, July 22nd. The shares were acquired at an average cost of GBX 157 ($2.03) per share, for a total transaction of £69,317.07 ($89,649.60).

C&C Group Stock Performance

Shares of CCR stock opened at GBX 157 ($2.03) on Friday. The company has a current ratio of 1.13, a quick ratio of 0.80 and a debt-to-equity ratio of 38.55. The business’s fifty day simple moving average is GBX 162.73 and its 200-day simple moving average is GBX 574.42. C&C Group plc has a 12-month low of GBX 129.60 ($1.68) and a 12-month high of GBX 178.20 ($2.30). The company has a market cap of £609.57 million, a PE ratio of 2,616.67, a PEG ratio of 5.61 and a beta of 1.26.

C&C Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, August 23rd. Investors of record on Thursday, July 18th will be paid a €0.04 ($0.04) dividend. This is a positive change from C&C Group’s previous dividend of $0.02. The ex-dividend date of this dividend is Thursday, July 18th. This represents a yield of 2%. C&C Group’s dividend payout ratio (DPR) is 8,333.33%.

Analyst Upgrades and Downgrades

CCR has been the topic of a number of recent analyst reports. Shore Capital reaffirmed a “buy” rating on shares of C&C Group in a research report on Friday, June 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 185 ($2.39) price target on shares of C&C Group in a research report on Monday, June 10th.

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.