Coca-Cola HBC (LON:CCH) Hits New 1-Year High – Should You Buy?

Shares of Coca-Cola HBC AG (LON:CCH) reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 3,514 ($45.57) and last traded at GBX 3,476 ($45.08), with a volume of 649191 shares trading hands. The stock had previously closed at GBX 3,460 ($44.87).

Coca-Cola HBC Price Performance

The firm’s fifty day moving average price is GBX 3,032.27 and its 200 day moving average price is GBX 2,852.12. The firm has a market capitalization of £15.04 billion, a PE ratio of 24.03, a P/E/G ratio of 1.03 and a beta of 0.94. The company has a current ratio of 1.14, a quick ratio of 0.80 and a debt-to-equity ratio of 137.31.

Insider Activity at Coca-Cola HBC

In related news, insider Zoran Bogdanovic acquired 138,810 shares of Coca-Cola HBC stock in a transaction on Monday, February 17th. The stock was bought at an average cost of GBX 3,231 ($41.90) per share, for a total transaction of £4,484,951.10 ($5,816,302.81). Insiders bought a total of 139,134 shares of company stock worth $449,393,562 in the last three months. Company 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.