C&C Group (OTCMKTS:CGPZF) Stock Price Up 9.5% – Still a Buy?

C&C Group plc (OTCMKTS:CGPZFGet Free Report) shares rose 9.5% during mid-day trading on Thursday . The company traded as high as $1.7744 and last traded at $1.7744. Approximately 2,759 shares changed hands during mid-day trading, a decline of 64% from the average daily volume of 7,630 shares. The stock had previously closed at $1.62.

Analyst Ratings Changes

Separately, Royal Bank Of Canada initiated coverage on C&C Group in a research report on Wednesday, September 24th. They issued a “sector perform” rating for the company. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

View Our Latest Analysis on C&C Group

C&C Group Stock Up 9.5%

The stock has a fifty day simple moving average of $1.78 and a two-hundred day simple moving average of $2.09.

About C&C Group

(Get Free Report)

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.

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