Coca-Cola HBC (OTCMKTS:CCHGY) Given Average Rating of “Hold” by Analysts

Coca-Cola HBC (OTCMKTS:CCHGY) has been assigned an average rating of “Hold” from the five analysts that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have issued a buy recommendation on the company.

Separately, Wall Street Zen cut Coca-Cola HBC from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th.

Coca-Cola HBC Stock Performance

Shares of OTCMKTS CCHGY opened at $60.58 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.99 and a current ratio of 1.19. Coca-Cola HBC has a fifty-two week low of $44.37 and a fifty-two week high of $65.93. The business has a 50 day moving average price of $57.82 and a two-hundred day moving average price of $56.30.

About Coca-Cola HBC

Coca-Cola HBC (OTCMKTS:CCHGY) is a major bottling partner for The Coca-Cola Company, engaged in the production, packaging, distribution and marketing of nonalcoholic beverages. As a concentrate licensee and bottler, the company manufactures and sells a broad portfolio of branded soft drinks, waters, juices, ready-to-drink teas, sports and energy drinks, and other still beverages under global and local brands. Its operations cover the full bottling value chain, from procurement of raw materials and bottling to route-to-market distribution and retail execution.

The company’s activities encompass manufacturing at local bottling plants, supply chain and logistics management, commercial and customer-facing sales, and marketing support for both global Coca‑Cola brands and regionally tailored products.