C&C Group (LON:CCR) Stock Crosses Below 200-Day Moving Average – Time to Sell?

C&C Group plc (LON:CCR) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 156.47 ($2.09) and traded as low as GBX 137.80 ($1.84). C&C Group shares last traded at GBX 139.60 ($1.87), with a volume of 535,450 shares.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “buy” rating on shares of C&C Group in a report on Thursday, September 18th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, C&C Group presently has an average rating of “Buy”.

C&C Group Trading Up 0.7%

The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 56.01. The firm has a market cap of £517.88 million, a price-to-earnings ratio of 40.17, a price-to-earnings-growth ratio of 5.61 and a beta of 1.26. The business’s fifty day moving average is GBX 155.96 and its two-hundred day moving average is GBX 156.47.

C&C Group Company Profile

C&C Group plc is a leading, vertically integrated premium drinks company which manufactures, markets and distributes branded beer, cider, wine, spirits, and soft drinks across the UK and Ireland.

C&C Group’s portfolio of owned/exclusive brands include Bulmers, the leading Irish cider brand and Tennent’s, the leading Scottish beer brand; as well as a range of fast-growing, premium and craft ciders and beers, such as Heverlee, Menabrea, Five Lamps and Orchard Pig.