Coca-Cola HBC (OTCMKTS:CCHGY) Reaches New 12-Month High at $37.63

Coca-Cola HBC AG (OTCMKTS:CCHGY) reached a new 52-week high during trading on Thursday . The company traded as high as $37.63 and last traded at $37.63, with a volume of 369 shares changing hands. The stock had previously closed at $37.19.

A number of research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Coca-Cola HBC in a research report on Friday, February 12th. Zacks Investment Research raised shares of Coca-Cola HBC from a “sell” rating to a “hold” rating in a research report on Wednesday, May 19th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Coca-Cola HBC in a research note on Wednesday, June 2nd. One analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company. Coca-Cola HBC currently has an average rating of “Buy” and a consensus target price of $38.00.

The company has a 50 day moving average of $35.04. The company has a quick ratio of 1.04, a current ratio of 1.25 and a debt-to-equity ratio of 0.99. The stock has a market cap of $13.72 billion, a PE ratio of 27.55 and a beta of 1.28.

About Coca-Cola HBC (OTCMKTS:CCHGY)

Coca-Cola HBC AG produces, distributes, and sells non-alcoholic ready-to-drink beverages. The company offers sparkling soft drinks; still drinks, including juices and fruit-based drinks, iced tea, and energy and sports drinks; and natural mineral, spring, and processed water. It markets and sells its products under the Coca-Cola, Fanta, Sprite, Amita, Avra, Deep RiverRock, Fruice, and Nestea brand names; and distributes third-party products, such as Monster energy drinks, and beer and premium spirits.

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