Angela Bromfield Acquires 13,439 Shares of C&C Group plc (LON:CCR) Stock

C&C Group plc (LON:CCR) insider Angela Bromfield acquired 13,439 shares of the firm’s stock in a transaction that occurred on Wednesday, December 18th. The stock was acquired at an average cost of GBX 147 ($1.85) per share, with a total value of £19,755.33 ($24,836.98).

C&C Group Stock Performance

CCR opened at GBX 145.20 ($1.83) on Thursday. The company has a debt-to-equity ratio of 56.01, a current ratio of 1.16 and a quick ratio of 0.80. The company has a market capitalization of £555.64 million, a price-to-earnings ratio of -605.00, a price-to-earnings-growth ratio of 5.61 and a beta of 1.26. The business has a 50 day moving average price of GBX 151.55 and a two-hundred day moving average price of GBX 155.65. C&C Group plc has a 1-year low of GBX 142.24 ($1.79) and a 1-year high of GBX 178.20 ($2.24).

C&C Group Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 13th. Shareholders 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 was Thursday, November 14th. C&C Group’s payout ratio is -2,083.33%.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “buy” rating on shares of C&C Group in a report 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.