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

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

Coca-Cola Europacific Partners Stock Performance

The stock has a market cap of £28.76 billion, a price-to-earnings ratio of 1,782.86, a P/E/G ratio of 1.94 and a beta of 0.75. The company has a current ratio of 0.85, a quick ratio of 0.66 and a debt-to-equity ratio of 137.04. 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.

Coca-Cola Europacific Partners Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 3rd. Stockholders of record on Thursday, November 14th were paid a dividend of €1.23 ($1.27) per share. This represents a dividend yield of 1.72%. The ex-dividend date of this dividend was Thursday, November 14th. This is a positive change from Coca-Cola Europacific Partners’s previous dividend of $0.74. Coca-Cola Europacific Partners’s dividend payout ratio is 5,457.14%.

About Coca-Cola Europacific Partners

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.