Britvic (LON:BVIC) Shares Pass Above 200 Day Moving Average – Time to Sell?

Britvic plc (LON:BVIC)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,104.50 ($14.42) and traded as high as GBX 1,283 ($16.75). Britvic shares last traded at GBX 1,282 ($16.74), with a volume of 165,960 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft increased their price target on Britvic from GBX 1,080 ($14.10) to GBX 1,315 ($17.17) and gave the company a “hold” rating in a research note on Tuesday, July 9th.

Britvic Trading Up 0.1 %

The stock has a market cap of £3.16 billion, a PE ratio of 2,513.73, a PEG ratio of 1.90 and a beta of 0.60. 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 stock has a fifty day moving average price of GBX 1,273.85 and a 200 day moving average price of GBX 1,110.93.

About Britvic

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.