Coca-Cola Europacific Partners (LON:CCEP) Trading Up 1.3% – Time to Buy?

Coca-Cola Europacific Partners PLC (LON:CCEP)’s stock price rose 1.3% during mid-day trading on Thursday . The company traded as high as GBX 6,300 ($77.52) and last traded at GBX 6,240 ($76.78). Approximately 22,214 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 72,676 shares. The stock had previously closed at GBX 6,160 ($75.80).

Coca-Cola Europacific Partners Stock Up 1.3 %

The firm has a fifty day simple moving average of GBX 6,154.79 and a 200 day simple moving average of GBX 2,474.88. The company has a debt-to-equity ratio of 137.04, a quick ratio of 0.66 and a current ratio of 0.85. The company has a market cap of £28.76 billion, a PE ratio of 1,782.86, a PEG ratio of 1.94 and a beta of 0.75.

Coca-Cola Europacific Partners Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 3rd. Investors of record on Thursday, November 14th were issued a €1.23 ($1.27) dividend. This represents a yield of 1.72%. This is an increase from Coca-Cola Europacific Partners’s previous dividend of $0.74. The ex-dividend date of this dividend was Thursday, November 14th. Coca-Cola Europacific Partners’s payout ratio is presently 5,457.14%.

Coca-Cola Europacific Partners Company Profile

Coca-Cola Europacific Partners is the world’s largest independent Coca-Cola bottler by revenue. Our employees make, sell and distribute the world’s most loved drinks brands, serving a consumer population of more than 600 million across 29 markets.