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

Coca-Cola HBC AG (LON:CCH) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 2,896 ($36.70) and last traded at GBX 2,844 ($36.04), with a volume of 6147174 shares traded. The stock had previously closed at GBX 2,818 ($35.71).

Coca-Cola HBC Price Performance

The company has a debt-to-equity ratio of 135.02, a current ratio of 1.14 and a quick ratio of 0.80. The firm has a market capitalization of £10.33 billion, a price-to-earnings ratio of 1,980.42, a PEG ratio of 1.03 and a beta of 0.94. The stock has a 50 day moving average price of GBX 2,759.97 and a two-hundred day moving average price of GBX 2,743.28.

Insider Activity at Coca-Cola HBC

In other Coca-Cola HBC news, insider Zoran Bogdanovic bought 165 shares of Coca-Cola HBC stock in a transaction on Monday, November 18th. The shares were bought at an average cost of GBX 2,746 ($34.79) per share, for a total transaction of £4,530.90 ($5,741.13). Insiders bought 177,044 shares of company stock worth $499,343,566 in the last three months. 47.16% of the stock is owned by company insiders.

Coca-Cola HBC Company Profile

Coca-Cola HBC AG engages in the production, distribution, and sale of non-alcoholic ready-to-drink beverages under franchise in Switzerland, the United Kingdom, North and Central America, rest of Europe, the Nordic countries, and internationally. The company offers sparkling soft drinks, adult sparkling, hydration drinks, juices, ready-to-drink tea and coffee, sports and energy drinks, dairy, stills, coffee, water, plant-based drinks, premium spirits, and snacks.