Fevertree Drinks (LON:FEVR) Stock Crosses Above 50-Day Moving Average - What's Next?

Fevertree Drinks PLC (LON:FEVR - Get Free Report) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 736.38 ($9.75) and traded as high as GBX 789 ($10.44). Fevertree Drinks shares last traded at GBX 758 ($10.03), with a volume of 622,641 shares changing hands.

Fevertree Drinks Trading Down 0.9 %

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 company's 50-day moving average is GBX 739.22 and its 200-day moving average is GBX 720.15. The stock has a market capitalization of £994.09 million, a price-to-earnings ratio of 41.52, a PEG ratio of -4.51 and a beta of 1.07.

Fevertree Drinks (LON:FEVR - Get Free Report) last announced its quarterly earnings results on Tuesday, March 25th. The company reported GBX 28.01 ($0.37) 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 earnings per share for the current fiscal year.

Fevertree Drinks Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, June 20th. Investors of record on Thursday, May 15th will be paid a GBX 11.12 ($0.15) dividend. The ex-dividend date is Thursday, May 15th. This represents a yield of 1.43%. This is a positive change from Fevertree Drinks's previous dividend of $5.85. Fevertree Drinks's dividend payout ratio is presently 90.49%.

Insiders Place Their Bets

In other news, insider Andrew Branchflower bought 31,688 shares of Fevertree Drinks stock in a transaction dated Thursday, January 30th. The shares were acquired at an average cost of GBX 785 ($10.39) per share, with a total value of £248,750.80 ($329,209.63). 10.56% of the stock is owned by corporate insiders.

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.