Coca-Cola Europacific Partners (LON:CCEP) Stock Price Down 1.9% – Should You Sell?

Coca-Cola Europacific Partners PLC (LON:CCEP) shares were down 1.9% during trading on Tuesday . The company traded as low as GBX 6,120 ($76.49) and last traded at GBX 6,140 ($76.74). Approximately 33,227 shares changed hands during trading, an increase of 382% from the average daily volume of 6,897 shares. The stock had previously closed at GBX 6,260 ($78.24).

Coca-Cola Europacific Partners Trading Down 1.0 %

The stock has a market cap of £27.75 billion, a P/E ratio of 1,720.00, a PEG ratio of 1.94 and a beta of 0.75. The business’s 50 day simple moving average is GBX 5,169.94 and its 200 day simple moving average is GBX 1,840.57. The company has a debt-to-equity ratio of 137.04, a current ratio of 0.85 and a quick ratio of 0.66.

Coca-Cola Europacific Partners Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 3rd. Investors of record on Thursday, November 14th were given a dividend of €1.23 ($1.28) per share. This represents a dividend yield of 1.72%. The ex-dividend date was Thursday, November 14th. This is an increase from Coca-Cola Europacific Partners’s previous dividend of $0.74. Coca-Cola Europacific Partners’s dividend payout ratio (DPR) is 5,457.14%.

Coca-Cola Europacific Partners Company Profile

Coca-Cola Europacific Partners PLC, together with its subsidiaries, produces, distributes, and sells a range of non-alcoholic ready to drink beverages. It offers flavours, mixers, and energy drinks; soft drinks, waters, enhanced water, and isotonic drinks; and ready-to-drink tea and coffee, juices, and other drinks.