StockNews.com upgraded shares of Compañía Cervecerías Unidas (NYSE:CCU – Free Report) from a buy rating to a strong-buy rating in a report released on Friday.
Compañía Cervecerías Unidas Stock Performance
Shares of NYSE CCU opened at $15.33 on Friday. Compañía Cervecerías Unidas has a one year low of $10.00 and a one year high of $15.40. The company has a current ratio of 2.06, a quick ratio of 1.44 and a debt-to-equity ratio of 0.80. The business has a fifty day simple moving average of $13.12 and a 200 day simple moving average of $11.85. The firm has a market capitalization of $2.83 billion, a price-to-earnings ratio of 20.43, a PEG ratio of 2.69 and a beta of 0.85.
Institutional Trading of Compañía Cervecerías Unidas
Institutional investors have recently made changes to their positions in the business. Parvin Asset Management LLC bought a new position in Compañía Cervecerías Unidas during the fourth quarter worth about $44,000. Banque de Luxembourg S.A. bought a new stake in shares of Compañía Cervecerías Unidas in the 4th quarter valued at approximately $63,000. Fielder Capital Group LLC acquired a new position in shares of Compañía Cervecerías Unidas in the 4th quarter worth approximately $115,000. Ballentine Partners LLC bought a new position in shares of Compañía Cervecerías Unidas during the 4th quarter worth approximately $116,000. Finally, R Squared Ltd acquired a new stake in Compañía Cervecerías Unidas in the 4th quarter valued at $126,000. 24.07% of the stock is currently owned by institutional investors and hedge funds.
About Compañía Cervecerías Unidas
Compañía Cervecerías Unidas SA operates as a beverage company in Chile, Argentina, Bolivia, Colombia, Paraguay, and Uruguay. The company operates through three segments: Chile, International Business, and Wine. It produces and sells alcoholic and non-alcoholic beer under proprietary and licensed brands, as well as distributes Pernod Ricard products in non-supermarket retail stores.
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