Compañía Cervecerías Unidas (NYSE:CCU) Sets New 1-Year High – What’s Next?

Compañía Cervecerías Unidas S.A. (NYSE:CCU)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $15.41 and last traded at $15.09, with a volume of 222733 shares traded. The stock had previously closed at $15.34.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Compañía Cervecerías Unidas from a “buy” rating to a “strong-buy” rating in a research report on Friday. Three analysts have rated the stock with a sell rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $11.03.

Compañía Cervecerías Unidas Trading Down 1.6 %

The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.44 and a current ratio of 2.06. The firm has a market capitalization of $2.79 billion, a P/E ratio of 20.12, a PEG ratio of 2.69 and a beta of 0.85. The firm has a 50 day simple moving average of $13.19 and a two-hundred day simple moving average of $11.90.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Parvin Asset Management LLC bought a new stake in Compañía Cervecerías Unidas in the 4th quarter worth about $44,000. Banque de Luxembourg S.A. bought a new position in shares of Compañía Cervecerías Unidas in the fourth quarter valued at approximately $63,000. Fielder Capital Group LLC purchased a new stake in shares of Compañía Cervecerías Unidas during the fourth quarter valued at approximately $115,000. Ballentine Partners LLC bought a new stake in Compañía Cervecerías Unidas during the fourth quarter worth $116,000. Finally, R Squared Ltd purchased a new position in Compañía Cervecerías Unidas in the fourth quarter worth $126,000. 24.07% of the stock is owned by institutional investors.

Compañía Cervecerías Unidas Company Profile

Compañía Cervecerías Unidas SA operates as a beverage company in Chile, Argentina, Bolivia, Colombia, Paraguay, and Uruguay. The company operates through three segments: Chile, International Business, and Wine. It produces and sells alcoholic and non-alcoholic beer under proprietary and licensed brands, as well as distributes Pernod Ricard products in non-supermarket retail stores.