Fevertree Drinks (LON:FEVR) Hits New 12-Month Low - What's Next?

Fevertree Drinks PLC (LON:FEVR - Get Free Report) hit a new 52-week low on Tuesday . The company traded as low as GBX 649.98 ($8.24) and last traded at GBX 688 ($8.72), with a volume of 301541 shares trading hands. The stock had previously closed at GBX 684 ($8.67).

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Jefferies Financial Group decreased their target price on shares of Fevertree Drinks from GBX 1,150 ($14.58) to GBX 1,000 ($12.68) and set a "hold" rating for the company in a research report on Monday, July 29th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Fevertree Drinks from GBX 1,450 ($18.38) to GBX 1,325 ($16.80) and set a "buy" rating on the stock in a research note on Friday, September 13th.

Fevertree Drinks Stock Up 0.5 %

The company has a debt-to-equity ratio of 5.84, a quick ratio of 3.21 and a current ratio of 4.11. The stock's fifty day simple moving average is GBX 767.58 and its two-hundred day simple moving average is GBX 930.56. The company has a market capitalization of £807.26 million, a price-to-earnings ratio of 3,586.84, a P/E/G ratio of -4.51 and a beta of 1.07.

Fevertree Drinks Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, October 18th. Investors of record on Thursday, September 26th were paid a dividend of GBX 5.85 ($0.07) per share. This represents a yield of 0.68%. The ex-dividend date was Thursday, September 26th. Fevertree Drinks's dividend payout ratio is presently 8,947.37%.

About Fevertree Drinks

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.