Coca-Cola HBC (OTCMKTS:CCHGY) Sees Unusually-High Trading Volume - What's Next?

Coca-Cola HBC (OTCMKTS:CCHGY - Get Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 42,694 shares traded hands during trading, an increase of 356% from the previous session's volume of 9,357 shares.The stock last traded at $50.1470 and had previously closed at $48.40.Get Coca-Cola HBC alerts:Analyst Ratings ChangesA number of equities analysts have recently weighed in on the stock. Wall Street Zen raised shares of Coca-Cola HBC from a "hold" rating to a "buy" rating in a research report on Tuesday, November 18th. Morgan Stanley started coverage on Coca-Cola HBC in a research report on Thursday, October 2nd. They issued an "overweight" rating for the company. Zacks Research cut Coca-Cola HBC from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, September 3rd. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Coca-Cola HBC in a research report on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy".Check Out Our Latest Report on CCHGYCoca-Cola HBC Stock PerformanceThe company has a current ratio of 1.14, a quick ratio of 0.92 and a debt-to-equity ratio of 0.89. The company's fifty day moving average is $46.76 and its 200 day moving average is $50.35. Coca-Cola HBC Company Profile (Get Free Report)Coca-Cola HBC AG engages in the production, distribution, and sale of non-alcoholic ready-to-drink beverages under franchise in Switzerland, the United Kingdom, North and Central America, rest of Europe, the Nordic countries, and internationally. The company offers sparkling soft drinks, adult sparkling, hydration drinks, juices, ready-to-drink tea and coffee, sports and energy drinks, dairy, stills, coffee, water, plant-based drinks, premium spirits, and snacks.Recommended StoriesFive stocks we like better than Coca-Cola HBCGrowth Stocks: What They Are, Examples and How to InvestMissed the AI Boom? These 2 Crushed Stocks Could Be Your Second ChanceRoth IRA Calculator: Calculate Your Potential ReturnsA New Leader at Six Flags: Is the Roller Coaster Over? How to Choose Top Rated Stocks3 Reasons Baidu Could Be the Dark Horse of Global AIThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Coca-Cola HBC Right Now?Before you consider Coca-Cola HBC, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Coca-Cola HBC wasn't on the list.While Coca-Cola HBC currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here