C&C Group (LON:CCR) Reaches New 52-Week Low at $155.55

Shares of C&C Group plc (LON:CCRGet Rating) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 155.55 ($1.88) and last traded at GBX 155.55 ($1.88), with a volume of 224124 shares traded. The stock had previously closed at GBX 160.40 ($1.94).

Analyst Ratings Changes

A number of research analysts recently weighed in on CCR shares. Shore Capital reaffirmed a “buy” rating on shares of C&C Group in a research report on Wednesday, September 14th. Barclays decreased their price objective on C&C Group from GBX 240 ($2.90) to GBX 230 ($2.78) and set an “overweight” rating for the company in a report on Thursday, September 15th.

C&C Group Trading Up 0.7 %

The company has a debt-to-equity ratio of 48.07, a current ratio of 1.06 and a quick ratio of 0.47. The business has a 50-day moving average of GBX 181.06 and a 200-day moving average of GBX 192. The firm has a market cap of £615.19 million and a price-to-earnings ratio of 1,943.75.

Insider Activity at C&C Group

In other C&C Group news, insider Ralph Findlay purchased 12,721 shares of C&C Group stock in a transaction that occurred on Tuesday, July 26th. The stock was acquired at an average price of GBX 195 ($2.36) per share, for a total transaction of £24,805.95 ($29,973.36). In other C&C Group news, insider Ralph Findlay purchased 12,721 shares of C&C Group stock in a transaction that occurred on Tuesday, July 26th. The stock was acquired at an average price of GBX 195 ($2.36) per share, for a total transaction of £24,805.95 ($29,973.36). Also, insider Patrick McMahon purchased 5,000 shares of C&C Group stock in a transaction that occurred on Tuesday, July 19th. The shares were acquired at an average price of GBX 192 ($2.32) per share, with a total value of £9,600 ($11,599.81). Over the last quarter, insiders have purchased 17,848 shares of company stock valued at $3,464,729.

About C&C Group

(Get Rating)

C&C Group plc manufactures, markets, and distributes cider, beer, wine, spirits, ales, and soft drinks in the Republic of Ireland, Great Britain, and internationally. The company offers its products primarily under the Tennent's, Bulmers, and Magners brand name. It also distributes third party branded beers, wines, spirits, cider, and soft drinks.

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