C&C Group (LON:CCR) Share Price Crosses Below 200-Day Moving Average of $2,011.97

C&C Group plc (LON:CCR) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,011.97 ($25.41) and traded as low as GBX 135.60 ($1.71). C&C Group shares last traded at GBX 136.80 ($1.73), with a volume of 145,436 shares.

Wall Street Analysts Forecast Growth

Separately, Barclays reiterated an “overweight” rating and set a GBX 200 ($2.53) price target on shares of C&C Group in a report on Thursday, May 25th.

C&C Group Trading Up 0.6 %

The company has a 50 day moving average of GBX 137.62 and a 200-day moving average of GBX 2,011.97. The company has a debt-to-equity ratio of 36.26, a quick ratio of 0.80 and a current ratio of 0.93. The stock has a market cap of £537.60 million, a price-to-earnings ratio of 1,243.64, a price-to-earnings-growth ratio of 5.61 and a beta of 1.39.

About C&C Group

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.