Britvic (LON:BVIC) Reaches New 52-Week High at $1,301.00

Britvic plc (LON:BVIC)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as GBX 1,301 ($16.90) and last traded at GBX 1,274 ($16.55), with a volume of 120894 shares trading hands. The stock had previously closed at GBX 1,273 ($16.54).

Analyst Upgrades and Downgrades

BVIC has been the topic of a number of research analyst reports. JPMorgan Chase & Co. restated an “overweight” rating on shares of Britvic in a research report on Thursday, May 23rd. Deutsche Bank Aktiengesellschaft boosted their price target on Britvic from GBX 1,080 ($14.03) to GBX 1,315 ($17.09) and gave the stock a “hold” rating in a report on Tuesday, July 9th.

Britvic Stock Up 0.2 %

The firm has a market capitalization of £3.15 billion, a price-to-earnings ratio of 2,496.08, a P/E/G ratio of 1.90 and a beta of 0.63. The stock has a fifty day moving average of GBX 1,211.89 and a two-hundred day moving average of GBX 998.74. The company has a debt-to-equity ratio of 253.32, a current ratio of 1.04 and a quick ratio of 0.73.

Insider Activity

In other Britvic news, insider Rebecca Napier sold 11,717 shares of the firm’s stock in a transaction that occurred on Monday, June 24th. The shares were sold at an average price of GBX 1,176 ($15.28), for a total transaction of £137,791.92 ($179,043.56). Over the last quarter, insiders purchased 39 shares of company stock valued at $44,562. Company insiders own 9.25% of the company’s stock.

About Britvic

Britvic plc, together with its subsidiaries, manufactures, markets, distributes, and sells soft drinks in the United Kingdom, the Republic of Ireland, France, Brazil, and internationally. It provides fruit juices, syrups, squash, mineral water, sodas, mixers, and energy and flavored drinks. The company supplies water-coolers and bottled water; offers pension funding and financing services; and designs, installs, as well as engages in maintenance of integrated tap related solutions.