Coca-Cola HBC AG (OTCMKTS:CCHGY – Get Free Report) saw a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 9,000 shares, a decline of 21.7% from the February 13th total of 11,500 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 13,600 shares, the short-interest ratio is presently 0.7 days.
Coca-Cola HBC Trading Up 1.0 %
Shares of CCHGY stock opened at $44.21 on Monday. Coca-Cola HBC has a 12-month low of $29.42 and a 12-month high of $45.17. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.14 and a quick ratio of 0.91. The firm has a fifty day moving average of $38.33 and a 200-day moving average of $36.56.
Wall Street Analyst Weigh In
Several analysts have commented on CCHGY shares. Kepler Capital Markets started coverage on shares of Coca-Cola HBC in a research report on Thursday, December 5th. They set a “hold” rating for the company. Sanford C. Bernstein started coverage on shares of Coca-Cola HBC in a research report on Tuesday, December 3rd. They set an “outperform” rating for the company. Finally, JPMorgan Chase & Co. upgraded shares of Coca-Cola HBC from a “neutral” rating to an “overweight” rating in a research report on Wednesday, November 27th. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.
About Coca-Cola HBC
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.
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