Fevertree Drinks (LON:FEVR) Shares Pass Above Fifty Day Moving Average - What's Next?

Shares of Fevertree Drinks PLC (LON:FEVR - Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 742.11 ($9.83) and traded as high as GBX 800 ($10.60). Fevertree Drinks shares last traded at GBX 789 ($10.45), with a volume of 394,344 shares trading hands.

Fevertree Drinks Stock Performance

The company has a market capitalization of £997.45 million, a P/E ratio of 41.66, a P/E/G ratio of -4.51 and a beta of 1.07. The company has a debt-to-equity ratio of 1.50, a current ratio of 4.11 and a quick ratio of 3.21. The stock's 50 day simple moving average is GBX 746.53 and its two-hundred day simple moving average is GBX 719.46.

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) earnings per share for the quarter. Fevertree Drinks had a net margin of 6.05% and a return on equity of 9.30%. As a group, research analysts expect that Fevertree Drinks PLC will post 38.3184173 earnings per share for the current year.

Fevertree Drinks Increases Dividend

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

Insider Transactions at Fevertree Drinks

In other news, insider Andrew Branchflower acquired 31,688 shares of the stock in a transaction on Thursday, January 30th. The stock was acquired at an average cost of GBX 785 ($10.40) per share, for a total transaction of £248,750.80 ($329,602.23). Corporate insiders own 10.56% of the company's stock.

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.