Britvic (LON:BVIC) Hits New 12-Month High – Should You Buy?

Britvic plc (LON:BVIC)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 1,306 ($16.60) and last traded at GBX 1,305 ($16.59), with a volume of 22744176 shares traded. The stock had previously closed at GBX 1,294 ($16.45).

Britvic Stock Performance

The company has a market cap of £3.22 billion, a price-to-earnings ratio of 2,558.82, a PEG ratio of 1.90 and a beta of 0.60. The company has a debt-to-equity ratio of 253.32, a current ratio of 1.04 and a quick ratio of 0.73. The business’s 50-day simple moving average is GBX 1,284.36 and its 200-day simple moving average is GBX 1,229.01.

Insiders Place Their Bets

In other Britvic news, insider Simon Litherland sold 18,862 shares of the stock in a transaction on Thursday, December 12th. The stock was sold at an average price of GBX 1,292 ($16.43), for a total transaction of £243,697.04 ($309,810.63). 9.20% of the stock is owned by corporate insiders.

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.