C&C Group plc (LON:CCR) Insider Acquires £123.12 in Stock

From MarketBeat:

Insider Patrick McMahon bought 81 shares of C&C Group plc stock at an average cost of GBX 152 ($1.93) per share, totaling £123.12 ($156.66). McMahon also recently purchased 84 and 86 shares on December 15th and November 15th, respectively. The stock opened at a high of GBX 168.90 and a low of GBX 120.40 in the last year. It has a market capitalization of £603.91 million and a debt-to-equity ratio of 38.55.

C&C Group recently announced a dividend of €0.02 ($0.02) per share, yielding 1.18%. They also have a significant payout ratio of 8,333.33%. Analysts at Shore Capital restated a “buy” rating on C&C Group shares, showing a positive forecast for the company’s growth.

C&C Group manufactures and distributes a variety of alcoholic and non-alcoholic drinks in Ireland, Great Britain, and internationally under several brand names. They reported an 8,333.33% payout ratio with a recent dividend payment and maintain a “buy” rating from analysts at Shore Capital.



Read more: C&C Group plc (LON:CCR) Insider Acquires £123.12 in Stock