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

C&C Group plc (LON:CCR) insider Angela Bromfield acquired 13,439 shares of the business’s stock in a transaction dated Wednesday, December 18th. The shares were bought at an average price of GBX 147 ($1.85) per share, for a total transaction of £19,755.33 ($24,836.98).

C&C Group Stock Down 0.4 %

Shares of LON:CCR opened at GBX 145.20 ($1.83) on Thursday. The company has a current ratio of 1.16, a quick ratio of 0.80 and a debt-to-equity ratio of 56.01. 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 fifty day simple moving average of GBX 151.55 and a 200 day simple moving average of GBX 155.65. The firm has a market cap of £555.64 million, a PE ratio of -605.00, a price-to-earnings-growth ratio of 5.61 and a beta of 1.26.

C&C Group Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 13th. Investors 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 dividend payout ratio is currently -2,083.33%.

Analysts Set New Price Targets

Separately, Shore Capital reiterated 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.