Coca-Cola HBC (LON:CCH) Sets New 52-Week High – Still a Buy?

Shares of Coca-Cola HBC AG (LON:CCH) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 3,346 ($42.23) and last traded at GBX 3,336 ($42.10), with a volume of 326101 shares traded. The stock had previously closed at GBX 3,308 ($41.75).

Coca-Cola HBC Price Performance

The company has a market capitalization of £14.45 billion, a price-to-earnings ratio of 23.09, 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 2,866.70 and a two-hundred day simple moving average of GBX 2,802.30. The company has a debt-to-equity ratio of 137.31, a quick ratio of 0.80 and a current ratio of 1.14.

Insider Activity at Coca-Cola HBC

In related news, insider Zoran Bogdanovic purchased 138,810 shares of the company’s stock in a transaction that occurred on Monday, February 17th. The stock was purchased at an average price of GBX 3,231 ($40.77) per share, with a total value of £4,484,951.10 ($5,659,958.48). Over the last ninety days, insiders acquired 150,758 shares of company stock worth $482,266,234. 47.16% of the stock is currently 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.