Fevertree Drinks (LON:FEVR) Shares Up 15.3% - Time to Buy?

Shares of Fevertree Drinks PLC (LON:FEVR - Get Free Report) were up 15.3% during mid-day trading on Thursday . The stock traded as high as GBX 811.50 ($10.08) and last traded at GBX 758.50 ($9.42). Approximately 7,926,374 shares changed hands during trading, an increase of 652% from the average daily volume of 1,053,455 shares. The stock had previously closed at GBX 658 ($8.17).

Fevertree Drinks Stock Performance

The company has a current ratio of 4.11, a quick ratio of 3.21 and a debt-to-equity ratio of 5.84. The company has a market capitalization of £923.41 million, a price-to-earnings ratio of 4,163.16, a price-to-earnings-growth ratio of -4.51 and a beta of 1.07. The stock has a 50-day simple moving average of GBX 676.97 and a 200-day simple moving average of GBX 774.91.

Insider Activity at Fevertree Drinks

In other Fevertree Drinks news, insider Andrew Branchflower bought 31,688 shares of the stock in a transaction on Thursday, January 30th. The stock was purchased at an average price of GBX 785 ($9.75) per share, for a total transaction of £248,750.80 ($308,930.45). 10.56% of the stock is currently owned by corporate 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.