Sarah Newbitt Buys 11,528 Shares of C&C Group plc (LON:CCR) Stock

C&C Group plc (LON:CCR) insider Sarah Newbitt bought 11,528 shares of the firm’s stock in a transaction on Wednesday, March 26th. The shares were purchased at an average price of GBX 127 ($1.64) per share, for a total transaction of £14,640.56 ($18,954.63).

C&C Group Price Performance

Shares of C&C Group stock opened at GBX 128.40 ($1.66) on Friday. The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 56.01. C&C Group plc has a 52 week low of GBX 115.38 ($1.49) and a 52 week high of GBX 178.20 ($2.31). The stock’s 50-day simple moving average is GBX 142.36 and its 200-day simple moving average is GBX 148.37. The company has a market capitalization of £582.44 million, a price-to-earnings ratio of -5.37, a PEG ratio of 5.61 and a beta of 1.26.

Analysts Set New Price Targets

Separately, Shore Capital restated a “buy” rating on shares of C&C Group in a research report on Thursday, March 13th.

C&C Group Company Profile

C&C Group plc manufactures, markets, and distributes beer, cider, wine, spirits, and soft drinks in the Republic of Ireland, Great Britain, and internationally. The company offers its products primarily under the Tennent's, Bulmers, Magners, Orchard Pig, Heverlee, 5 Lamps, Fête, Blackthorn, Seven Summits, Dowd's Lane, Chaplin & Cork's, Celedonia Best, and Addlestones brand name.