C&C Group (OTCMKTS:CGPZF) Trading Up 1.7% – Still a Buy?

C&C Group plc (OTCMKTS:CGPZF)’s stock price traded up 1.7% on Tuesday . The company traded as high as $1.8250 and last traded at $1.82. 24,667 shares changed hands during trading, an increase of 103% from the average session volume of 12,167 shares. The stock had previously closed at $1.79.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada assumed coverage on C&C Group in a report on Wednesday, September 24th. They issued a “sector perform” rating on the stock. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

C&C Group Stock Up 1.7%

The firm’s fifty day simple moving average is $1.76 and its 200 day simple moving average is $2.03.

About C&C Group

C&C Group plc is an Ireland‐based beverages company specializing in the production, marketing and distribution of cider, beer and other alcoholic beverages. The group’s core portfolio features internationally recognized cider brands such as Bulmers and Magners, alongside licensed beer offerings including Tennent’s Lager. In addition to its owned brands, C&C Group provides contract manufacturing and co-packing services for third-party beverage producers, supporting a broad range of alcoholic and soft drink labels.

With headquarters in Dublin, C&C Group operates manufacturing sites in Clonmel and Galway, Ireland, and maintains distribution facilities across key markets in the United Kingdom, the United States and Australia.