C&C Group (OTCMKTS:CGPZF) Trading 2.4% Higher – Here’s What Happened

Shares of C&C Group plc (OTCMKTS:CGPZFGet Free Report) rose 2.4% on Wednesday . The stock traded as high as $1.72 and last traded at $1.72. Approximately 3,000 shares traded hands during trading, a decline of 61% from the average daily volume of 7,727 shares. The stock had previously closed at $1.68.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of C&C Group in a research report on Friday, August 15th. Royal Bank Of Canada initiated coverage on shares of C&C Group in a research note on Wednesday, September 24th. They set a “sector perform” rating on the stock. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, C&C Group presently has an average rating of “Moderate Buy”.

Read Our Latest Stock Report on CGPZF

C&C Group Stock Performance

The stock’s 50-day moving average is $1.87 and its 200-day moving average is $2.08.

About C&C Group

(Get Free Report)

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.

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