C&C Group plc (LON:CCR – Get Free Report) traded down 15.8% during mid-day trading on Thursday . The stock traded as low as GBX 116.20 ($1.50) and last traded at GBX 124.40 ($1.61). 19,852,121 shares changed hands during mid-day trading, an increase of 989% from the average session volume of 1,823,719 shares. The stock had previously closed at GBX 147.80 ($1.91).
Wall Street Analysts Forecast Growth
Separately, Shore Capital reaffirmed a “buy” rating on shares of C&C Group in a research report on Thursday.
View Our Latest Research Report on C&C Group
C&C Group Stock Performance
Insider Buying and Selling
In other news, insider Roger Alexander White bought 100,000 shares of C&C Group stock in a transaction that occurred on Thursday, March 13th. The stock was bought at an average price of GBX 121 ($1.57) per share, for a total transaction of £121,000 ($156,512.74). Also, insider Ralph Findlay purchased 66,183 shares of the company’s stock in a transaction on Monday, December 16th. The shares were purchased at an average price of GBX 150 ($1.94) per share, for a total transaction of £99,274.50 ($128,410.94). Insiders purchased 179,622 shares of company stock worth $24,002,983 in the last three months. Corporate insiders own 3.38% of the company’s stock.
About C&C Group
C&C Group plc manufactures, markets, and distributes beer, cider, 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.
Recommended Stories
- Five stocks we like better than C&C Group
- Overbought Stocks Explained: Should You Trade Them?
- Rubrik Stock’s V-Bottom Reversal Signals a Major Rally Ahead
- Earnings Per Share Calculator: How to Calculate EPS
- How Super Micro Computer Stock Is Defying the Market Sell-Off
- What is Insider Trading? What You Can Learn from Insider Trading
- AppLovin vs. HPE: Which Tech Stock Can Bounce Back Faster?
Receive News & Ratings for C&C Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for C&C Group and related companies with MarketBeat.com's FREE daily email newsletter.