Britvic (LON:BVIC) Shares Cross Above Two Hundred Day Moving Average of $1,067.78

Britvic plc (LON:BVIC)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,067.78 ($14.30) and traded as high as GBX 1,276 ($17.09). Britvic shares last traded at GBX 1,275 ($17.07), with a volume of 3,542,946 shares traded.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Britvic from GBX 1,080 ($14.46) to GBX 1,315 ($17.61) and gave the company a “hold” rating in a research report on Tuesday, July 9th.

Britvic Stock Down 0.2 %

The company has a current ratio of 1.04, a quick ratio of 0.73 and a debt-to-equity ratio of 253.32. The firm has a market cap of £3.14 billion, a PE ratio of 2,496.08, a PEG ratio of 1.90 and a beta of 0.60. The company’s 50 day moving average price is GBX 1,270.64 and its two-hundred day moving average price is GBX 1,070.66.

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.