C&C Group (OTCMKTS:CGPZF) Shares Climb 5.9% – Should You Buy?

C&C Group plc (OTCMKTS:CGPZF – Get Free Report) rose 5.9% during mid-day trading on Thursday. The company traded as high as $1.50 and last traded at $1.50. Approximately 325 shares changed hands during trading, a decline of 95% from the average session volume of 6,019 shares. The stock had previously closed at $1.4168.

C&C Group Price Performance

The company has a 50-day moving average of $1.35 and a 200-day moving average of $1.45.

About C&C Group

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C&C Group plc is an Ireland-based beverage company focused on the production, marketing and distribution of branded cider, beer and other alcoholic drinks. Its portfolio includes Magners Irish Cider, Bulmers in Ireland, Orchard Thieves, Tennent’s lager, Heverlee and Five Lamps, along with a range of other beer and cider brands.

The company serves consumers and hospitality customers primarily in Ireland and the United Kingdom, while also exporting selected brands to international markets.

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