Britvic (LON:BVIC) Shares Pass Above Two Hundred Day Moving Average of $1,039.09

Britvic plc (LON:BVIC)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,039.09 ($13.59) and traded as high as GBX 1,274 ($16.66). Britvic shares last traded at GBX 1,273 ($16.65), with a volume of 1,602,287 shares traded.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on BVIC. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Britvic from GBX 1,080 ($14.12) to GBX 1,315 ($17.20) and gave the stock a “hold” rating in a report on Tuesday, July 9th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Britvic in a report on Thursday, May 23rd.

Britvic Price Performance

The stock has a market capitalization of £3.14 billion, a P/E ratio of 2,496.08, a PEG ratio of 1.90 and a beta of 0.60. The stock’s fifty day moving average is GBX 1,266.34 and its 200-day moving average is GBX 1,039.09. The company has a debt-to-equity ratio of 253.32, a current ratio of 1.04 and a quick ratio of 0.73.

Insider Buying and Selling

In other Britvic news, insider Rebecca Napier sold 11,717 shares of the company’s stock in a transaction dated Monday, June 24th. The shares were sold at an average price of GBX 1,176 ($15.38), for a total transaction of £137,791.92 ($180,190.82). Over the last three months, insiders acquired 39 shares of company stock worth $44,562. Corporate insiders own 9.23% of the company’s stock.

Britvic Company Profile

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.