Coca-Cola HBC (LON:CCH) Reaches New 52-Week High – Should You Buy?

Coca-Cola HBC AG (LON:CCH) shares hit a new 52-week high on Thursday . The stock traded as high as GBX 3,514 ($45.45) and last traded at GBX 3,476 ($44.96), with a volume of 649191 shares trading hands. The stock had previously closed at GBX 3,460 ($44.75).

Coca-Cola HBC Price Performance

The company has a fifty day simple moving average of GBX 3,044.55 and a two-hundred day simple moving average of GBX 2,856.88. The company has a debt-to-equity ratio of 137.31, a quick ratio of 0.80 and a current ratio of 1.14. The company has a market capitalization of £14.74 billion, a price-to-earnings ratio of 23.54, a P/E/G ratio of 1.03 and a beta of 0.94.

Insider Buying and Selling at Coca-Cola HBC

In other news, insider Zoran Bogdanovic acquired 162 shares of the company’s stock in a transaction dated Tuesday, December 17th. The stock was acquired at an average cost of GBX 2,760 ($35.70) per share, for a total transaction of £4,471.20 ($5,783.47). In the last three months, insiders acquired 139,134 shares of company stock worth $449,393,562. Insiders own 47.16% of the company’s stock.

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.