Insider Buying: C&C Group plc (LON:CCR) Insider Buys £125.84 in Stock

C&C Group plc (LON:CCR – Get Rating) insider Patrick McMahon bought 88 shares of the business’s stock in a transaction dated Wednesday, March 15th. The shares were bought at an average cost of GBX 143 ($1.74) per share, for a total transaction of £125.84 ($153.37).

Patrick McMahon also recently made the following trade(s):

• On Wednesday, February 15th, Patrick McMahon purchased 83 shares of C&C Group stock. The shares were acquired at an average price of GBX 154 ($1.88) per share, for a total transaction of £127.82 ($155.78).
• On Monday, January 16th, Patrick McMahon bought 76 shares of C&C Group stock. The stock was purchased at an average price of GBX 167 ($2.04) per share, for a total transaction of £126.92 ($154.69).

C&C Group Price Performance

Shares of CCR opened at £145.30 ($177.09) on Friday. C&C Group plc has a 52-week low of GBX 138.70 ($1.69) and a 52-week high of GBX 223.80 ($2.73). The company has a debt-to-equity ratio of 42.42, a quick ratio of 0.80 and a current ratio of 1.20. The stock has a 50 day simple moving average of GBX 4,015.29 and a 200 day simple moving average of GBX 1,513.20. The firm has a market capitalization of £57.10 billion, a PE ratio of 96,866.67, a P/E/G ratio of 5.61 and a beta of 1.43.

Analyst Ratings Changes

Several brokerages have recently issued reports on CCR. Barclays lowered their price objective on shares of C&C Group from GBX 230 ($2.80) to GBX 200 ($2.44) and set an “overweight” rating on the stock in a research note on Monday, January 16th. Shore Capital reissued a “buy” rating on shares of C&C Group in a report on Tuesday, March 7th.

C&C Group Company Profile

(Get Rating)

C&C Group plc manufactures, markets, and distributes cider, beer, 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.