Britvic (LON:BVIC) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

Shares of Britvic plc (LON:BVIC) passed above its 200-day moving average during trading on Monday . The stock has a 200-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.

Analysts Set New Price Targets

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

Britvic Stock Down 0.1 %

The company has a quick ratio of 0.73, a current ratio of 1.04 and a debt-to-equity ratio of 253.32. The firm’s fifty day moving average is GBX 1,273.15 and its 200-day moving average is GBX 1,104.50. The stock has a market capitalization of £3.16 billion, a PE ratio of 2,513.73, a PEG ratio of 1.90 and a beta of 0.60.

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.