C&C Group plc (LON:CCR) Insider Buys £19,755.33 in Stock

C&C Group plc (LON:CCR) insider Angela Bromfield purchased 13,439 shares of C&C Group stock in a transaction on Wednesday, December 18th. The stock was bought at an average price of GBX 147 ($1.85) per share, with a total value of £19,755.33 ($24,827.61).

C&C Group Stock Performance

LON CCR opened at GBX 148.40 ($1.87) on Friday. The company has a current ratio of 1.16, a quick ratio of 0.80 and a debt-to-equity ratio of 56.01. The company has a fifty day simple moving average of GBX 150.67 and a 200 day simple moving average of GBX 155.18. C&C Group plc has a 12-month low of GBX 142.24 ($1.79) and a 12-month high of GBX 178.20 ($2.24). The company has a market cap of £567.88 million, a P/E ratio of -618.33, a PEG ratio of 5.61 and a beta of 1.26.

C&C Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 13th. Stockholders of record on Thursday, November 14th were given a dividend of €0.02 ($0.02) per share. This represents a dividend yield of 1.03%. The ex-dividend date was Thursday, November 14th. C&C Group’s payout ratio is presently -2,083.33%.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “buy” rating on shares of C&C Group in a research note on Thursday, December 12th.

C&C Group Company Profile

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.