C&C Group (LON:CCR) Hits New 52-Week Low – What’s Next?

Posted by Frank Smitson on Jan 11th, 2025

C&C Group plc (LON:CCR – Get Free Report)’s stock price hit a new 52-week low during trading on Thursday . The company traded as low as GBX 141.20 ($1.72) and last traded at GBX 143 ($1.75), with a volume of 245540 shares traded. The stock had previously closed at GBX 143.80 ($1.76).

Analysts Set New Price Targets

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

Get Our Latest Analysis on C&C Group

C&C Group Stock Performance

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 stock has a market cap of £551.04 million, a price-to-earnings ratio of -600.00, a P/E/G ratio of 5.61 and a beta of 1.26. The firm has a fifty day simple moving average of GBX 147.29 and a 200-day simple moving average of GBX 153.91.

C&C Group Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, November 14th were issued a €0.02 ($0.02) dividend. This represents a yield of 1.03%. The ex-dividend date of this dividend was Thursday, November 14th. C&C Group’s dividend payout ratio (DPR) is currently -2,083.33%.

Insider Buying and Selling at C&C Group

In other news, insider Angela Bromfield bought 13,439 shares of C&C Group stock in a transaction on Wednesday, December 18th. The shares were purchased at an average price of GBX 147 ($1.79) per share, for a total transaction of £19,755.33 ($24,121.28). Also, insider Ralph Findlay bought 66,183 shares of the stock in a transaction dated Monday, December 16th. The stock was purchased at an average price of GBX 150 ($1.83) per share, with a total value of £99,274.50 ($121,214.29). Insiders own 3.38% of the company’s stock.

About C&C Group

(Get Free Report)

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.