Fevertree Drinks (LON:FEVR) Stock Price Crosses Above 50 Day Moving Average – Should You Sell?

Fevertree Drinks PLC (LON:FEVR) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 742.11 ($9.87) and traded as high as GBX 800 ($10.64). Fevertree Drinks shares last traded at GBX 789 ($10.49), with a volume of 394,344 shares trading hands.

Fevertree Drinks Stock Performance

The company has a quick ratio of 3.21, a current ratio of 4.11 and a debt-to-equity ratio of 1.50. The firm has a 50-day moving average of GBX 742.11 and a 200 day moving average of GBX 721.05. The stock has a market capitalization of £1.01 billion, a P/E ratio of 42.00, a PEG ratio of -4.51 and a beta of 1.07.

Fevertree Drinks (LON:FEVR) last announced its quarterly earnings data on Tuesday, March 25th. The company reported GBX 28.01 ($0.37) earnings per share (EPS) for the quarter. Fevertree Drinks had a net margin of 6.05% and a return on equity of 9.30%. Research analysts anticipate that Fevertree Drinks PLC will post 38.3184173 EPS for the current fiscal year.

Fevertree Drinks Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, June 20th. Shareholders of record on Thursday, May 15th will be paid a dividend of GBX 11.12 ($0.15) per share. This is a boost from Fevertree Drinks’s previous dividend of $5.85. The ex-dividend date of this dividend is Thursday, May 15th. This represents a yield of 1.43%. Fevertree Drinks’s dividend payout ratio (DPR) is currently 90.49%.

Insider Buying and Selling at Fevertree Drinks

In other news, insider Andrew Branchflower purchased 31,688 shares of the business’s stock in a transaction that occurred on Thursday, January 30th. The stock was purchased at an average cost of GBX 785 ($10.44) per share, with a total value of £248,750.80 ($330,741.66). Company insiders own 10.56% of the company’s stock.

Fevertree Drinks Company Profile

Fevertree Drinks PLC, together with its subsidiaries, engages in the development and sale of premium mixer drinks in the United Kingdom, the United States, rest of Europe, and internationally. It offers Indian, Mediterranean, summer garden, elderflower, cucumber, damson and sloe berry, rhubarb and raspberry, aromatic, lemon, and Clementine tonic water products; pink grapefruit, soda water, raspberry and orange blossom, Mexican lime, Italian blood orange, white grape and apricot sodas; Silician, premium, and Madagascan cola and lemonades; British apple with garden mint, ginger, Sicilian lemonade, sparkling Mexican lime, Italian white grape and apricot, and light raspberry and rose lemonade softdrinks; and gingers.