Coca-Cola HBC AG (LON:CCH) Insider Buys £4,287.05 in Stock

Coca-Cola HBC AG (LON:CCH) insider Zoran Bogdanovic acquired 179 shares of the firm’s stock in a transaction dated Wednesday, April 17th. The shares were purchased at an average cost of GBX 2,395 ($29.81) per share, for a total transaction of £4,287.05 ($5,336.80).

Zoran Bogdanovic also recently made the following trade(s):

• On Wednesday, March 27th, Zoran Bogdanovic sold 5,099 shares of Coca-Cola HBC stock. The stock was sold at an average price of GBX 2,519 ($31.36), for a total value of £128,443.81 ($159,895.19).
• On Friday, March 22nd, Zoran Bogdanovic sold 15,133 shares of Coca-Cola HBC stock. The stock was sold at an average price of GBX 2,480 ($30.87), for a total value of £375,298.40 ($467,195.82).
• On Monday, March 18th, Zoran Bogdanovic acquired 172 shares of Coca-Cola HBC stock. The shares were purchased at an average cost of GBX 2,482 ($30.90) per share, for a total transaction of £4,269.04 ($5,314.38).
• On Friday, February 23rd, Zoran Bogdanovic sold 39,335 shares of Coca-Cola HBC stock. The stock was sold at an average price of GBX 2,500 ($31.12), for a total value of £983,375 ($1,224,169.05).
• On Friday, February 16th, Zoran Bogdanovic acquired 176 shares of Coca-Cola HBC stock. The shares were purchased at an average cost of GBX 2,455 ($30.56) per share, for a total transaction of £4,320.80 ($5,378.81).

Coca-Cola HBC Price Performance

CCH stock traded up GBX 22.52 ($0.28) during trading on Thursday, hitting GBX 2,410.52 ($30.01). The company had a trading volume of 1,951,747 shares, compared to its average volume of 665,214. The company has a fifty day moving average price of GBX 2,434.94 and a two-hundred day moving average price of GBX 2,297.89. The company has a current ratio of 1.02, a quick ratio of 0.80 and a debt-to-equity ratio of 107.46. The company has a market cap of £8.80 billion, a P/E ratio of 1,628.73, a P/E/G ratio of 1.33 and a beta of 0.92. Coca-Cola HBC AG has a fifty-two week low of GBX 2,065 ($25.71) and a fifty-two week high of GBX 2,582 ($32.14).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 2,350 ($29.25) price objective on shares of Coca-Cola HBC in a report on Wednesday, April 3rd. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of GBX 2,860 ($35.60).

Coca-Cola HBC Company Profile

Coca-Cola HBC AG engages in the production, distribution, and sale of non-alcoholic ready-to-drink beverages under franchise in Switzerland, the United Kingdom, North and Central America, rest of Europe, the Nordic countries, and internationally. The company offers sparkling soft drinks, adult sparkling, hydration drinks, juices, ready-to-drink tea and coffee, sports and energy drinks, dairy, stills, coffee, water, plant-based drinks, premium spirits, and snacks.