Fevertree Drinks PLC (LON:FEVR - Get Free Report)'s stock price was up 0.1% during mid-day trading on Tuesday . The company traded as high as GBX 740 ($9.44) and last traded at GBX 729 ($9.30). Approximately 471,996 shares were traded during trading, an increase of 57% from the average daily volume of 300,465 shares. The stock had previously closed at GBX 728.50 ($9.29).
Analysts Set New Price Targets
Separately, Deutsche Bank Aktiengesellschaft dropped their price target on shares of Fevertree Drinks from GBX 1,450 ($18.50) to GBX 1,325 ($16.90) and set a "buy" rating for the company in a research report on Friday, September 13th.
View Our Latest Analysis on Fevertree Drinks
Fevertree Drinks Price Performance
The business's 50 day simple moving average is GBX 731.61 and its 200-day simple moving average is GBX 872.36. The stock has a market capitalization of £834.69 million, a price-to-earnings ratio of 3,763.16, a P/E/G ratio of -4.51 and a beta of 1.07. The company has a quick ratio of 3.21, a current ratio of 4.11 and a debt-to-equity ratio of 5.84.
Fevertree Drinks Cuts Dividend
The company also recently disclosed a dividend, which was paid on Friday, October 18th. Shareholders of record on Thursday, September 26th were given a dividend of GBX 5.85 ($0.07) per share. The ex-dividend date was Thursday, September 26th. This represents a yield of 0.68%. Fevertree Drinks's dividend payout ratio is currently 8,947.37%.
About Fevertree Drinks
(
Get Free Report)
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.
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