Britvic (LON:BVIC) Reaches New 1-Year High – What’s Next?

Britvic plc (LON:BVIC) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 1,306 ($16.32) and last traded at GBX 1,305 ($16.31), with a volume of 22744176 shares changing hands. The stock had previously closed at GBX 1,294 ($16.17).

Britvic Price Performance

The stock has a 50 day moving average of GBX 1,286.07 and a 200-day moving average of GBX 1,235.66. The company has a debt-to-equity ratio of 253.32, a quick ratio of 0.73 and a current ratio of 1.04. The company has a market cap of £3.22 billion, a PE ratio of 2,560.10, a price-to-earnings-growth ratio of 1.90 and a beta of 0.60.

Insider Activity

In other news, insider Simon Litherland sold 18,862 shares of the company’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of GBX 1,292 ($16.15), for a total value of £243,697.04 ($304,583.23). Over the last three months, insiders have bought 36 shares of company stock valued at $46,512. Company insiders own 9.20% of the company’s stock.

Britvic Company Profile

Britvic plc, together with its subsidiaries, manufactures, markets, distributes, and sells soft drinks in the United Kingdom, the Republic of Ireland, France, Brazil, and internationally. It provides fruit juices, syrups, squash, mineral water, sodas, mixers, and energy and flavored drinks. The company supplies water-coolers and bottled water; offers pension funding and financing services; and designs, installs, as well as engages in maintenance of integrated tap related solutions.