Fevertree Drinks (LON:FEVR) Shares Cross Above Fifty Day Moving Average – Time to Sell?

Fevertree Drinks PLC (LON:FEVR) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 729.40 ($9.47) and traded as high as GBX 816 ($10.60). Fevertree Drinks shares last traded at GBX 810 ($10.52), with a volume of 647,099 shares changing hands.

Fevertree Drinks Trading Up 2.7 %

The company has a debt-to-equity ratio of 1.50, a current ratio of 4.11 and a quick ratio of 3.21. The stock has a market cap of £1.03 billion, a P/E ratio of 43.12, a PEG ratio of -4.51 and a beta of 1.07. The firm’s fifty day moving average price is GBX 729.40 and its two-hundred day moving average price is GBX 722.38.

Fevertree Drinks (LON:FEVR) last posted its earnings results on Tuesday, March 25th. The company reported GBX 28.01 ($0.36) EPS for the quarter. Fevertree Drinks had a return on equity of 9.30% and a net margin of 6.05%. As a group, equities research analysts forecast that Fevertree Drinks PLC will post 38.3184173 EPS for the current year.

Fevertree Drinks Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 20th. Stockholders of record on Thursday, May 15th will be given a dividend of GBX 11.12 ($0.14) per share. The ex-dividend date is Thursday, May 15th. This represents a dividend yield of 1.43%. This is a boost from Fevertree Drinks’s previous dividend of $5.85. Fevertree Drinks’s dividend payout ratio (DPR) is 90.49%.

Insider Transactions at Fevertree Drinks

In other Fevertree Drinks news, insider Andrew Branchflower purchased 31,688 shares of Fevertree Drinks stock in a transaction on Thursday, January 30th. The shares were acquired at an average cost of GBX 785 ($10.19) per share, for a total transaction of £248,750.80 ($323,011.04). 10.56% of the stock is currently owned by insiders.

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.