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

C&C Group plc (LON:CCR) insider Angela Bromfield bought 13,439 shares of C&C Group stock in a transaction dated Wednesday, December 18th. The shares were bought at an average cost of GBX 147 ($1.85) per share, for a total transaction of £19,755.33 ($24,827.61).

C&C Group Price Performance

C&C Group stock opened at GBX 148.40 ($1.87) on Friday. 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 plc has a 52 week low of GBX 142.24 ($1.79) and a 52 week high of GBX 178.20 ($2.24). The stock has a market capitalization of £567.88 million, a P/E ratio of -618.33, a price-to-earnings-growth ratio of 5.61 and a beta of 1.26. The stock has a fifty day moving average of GBX 150.67 and a 200-day moving average of GBX 155.18.

C&C Group Cuts Dividend

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

Analysts Set New Price Targets

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