Fevertree Drinks (LON:FEVR) Stock Crosses Above 50 Day Moving Average of $1,104.27

Fevertree Drinks PLC (LON:FEVR) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 1,104.27 ($14.01) and traded as high as GBX 1,127.80 ($14.31). Fevertree Drinks shares last traded at GBX 1,086 ($13.78), with a volume of 202,375 shares traded.

Analyst Ratings Changes

FEVR has been the subject of several research reports. Royal Bank of Canada restated a “sector perform” rating and set a GBX 1,200 ($15.22) price objective on shares of Fevertree Drinks in a research report on Thursday, April 11th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Fevertree Drinks in a research note on Tuesday, April 30th. They issued a “buy” rating and a GBX 1,600 ($20.30) target price for the company.

Fevertree Drinks Trading Down 0.2 %

The company has a debt-to-equity ratio of 6.39, a current ratio of 3.71 and a quick ratio of 3.21. The business’s fifty day simple moving average is GBX 1,104.28 and its 200 day simple moving average is GBX 1,085.54. The stock has a market cap of £1.27 billion, a price-to-earnings ratio of 8,338.46, a P/E/G ratio of -4.51 and a beta of 1.10.

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. The company offers Indian, Mediterranean, elderflower, cucumber, damson and sloe berry, rhubarb and raspberry, aromatic, lemon, and Clementine tonic water products; gingers; sodas; cola and lemonades; cocktails; and sparkling soft drinks.