C&C Group (LON:CCR) Stock Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

C&C Group plc (LON:CCRGet Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 154.24 and traded as low as GBX 129.20. C&C Group shares last traded at GBX 134.60, with a volume of 298,757 shares trading hands.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “buy” rating on shares of C&C Group in a report on Tuesday, October 28th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

View Our Latest Analysis on CCR

C&C Group Stock Down 0.4%

The company has a debt-to-equity ratio of 56.01, a current ratio of 1.16 and a quick ratio of 0.80. The business’s fifty day moving average price is GBX 132.94 and its two-hundred day moving average price is GBX 154.24. The stock has a market capitalization of £493.57 million, a PE ratio of 24.36, a price-to-earnings-growth ratio of 5.61 and a beta of 1.26.

About C&C Group

(Get Free Report)

C&C Group plc is a leading, vertically integrated premium drinks company which manufactures, markets and distributes branded beer, cider, wine, spirits, and soft drinks across the UK and Ireland.

C&C Group’s portfolio of owned/exclusive brands include Bulmers, the leading Irish cider brand and Tennent’s, the leading Scottish beer brand; as well as a range of fast-growing, premium and craft ciders and beers, such as Heverlee, Menabrea, Five Lamps and Orchard Pig.

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