C&C Group (OTCMKTS:CGPZF) Stock Jumps 3% – Should You Buy?

C&C Group plc (OTCMKTS:CGPZF – Get Free Report) shares traded up 3% during mid-day trading on Monday. The company traded as high as $1.39 and last traded at $1.39. Approximately 2,315 shares changed hands during trading, a decline of 58% from the average session volume of 5,522 shares. The stock had previously closed at $1.35.

C&C Group Price Performance

The stock has a 50-day moving average of $1.39 and a 200-day moving average of $1.43.

C&C Group Company Profile

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C&C Group plc is an Ireland-based beverage company focused on the production, marketing and distribution of alcoholic drinks. Its portfolio includes cider, beer and other beverage brands sold through retail, hospitality and wholesale channels.

The company’s principal brands include Magners Irish Cider, Bulmers Irish Cider, Orchard Thieves and Tennent’s Lager. C&C Group also produces and distributes a range of additional branded and third-party beverages, supporting customers across the on-trade and off-trade sectors.

Founded in Ireland in 1935, C&C Group has developed an international presence while maintaining core operations in Ireland and the United Kingdom.

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