C&C Group plc (LON:CCR) Insider Buys £99,274.50 in Stock

C&C Group plc (LON:CCR) insider Ralph Findlay purchased 66,183 shares of C&C Group stock in a transaction that occurred on Monday, December 16th. The stock was acquired at an average cost of GBX 150 ($1.91) per share, with a total value of £99,274.50 ($126,207.09).

C&C Group Price Performance

CCR stock opened at GBX 146 ($1.86) on Wednesday. The company has a market capitalization of £558.70 million, a P/E ratio of -608.33, a price-to-earnings-growth ratio of 5.61 and a beta of 1.26. C&C Group plc has a 52-week low of GBX 142.20 ($1.81) and a 52-week high of GBX 178.20 ($2.27). The business has a 50-day simple moving average of GBX 151.88 and a two-hundred day simple moving average of GBX 155.82. The company has a debt-to-equity ratio of 56.01, a quick ratio of 0.80 and a current ratio of 1.16.

C&C Group Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, November 14th were issued a dividend of €0.02 ($0.02) per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a yield of 1.03%. C&C Group’s dividend payout ratio (DPR) is currently -2,083.33%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed 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.