Fevertree Drinks (LON:FEVR) Sets New 1-Year Low - Time to Sell?

Fevertree Drinks PLC (LON:FEVR - Get Free Report) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 741.83 ($9.63) and last traded at GBX 742.66 ($9.64), with a volume of 193691 shares traded. The stock had previously closed at GBX 752.50 ($9.77).

Analysts Set New Price Targets

FEVR has been the subject of several research reports. JPMorgan Chase & Co. dropped their price target on Fevertree Drinks from GBX 2,720 ($35.32) to GBX 2,650 ($34.41) and set a "neutral" rating for the company in a research report on Thursday, July 18th. Deutsche Bank Aktiengesellschaft dropped their price target on Fevertree Drinks from GBX 1,450 ($18.83) to GBX 1,325 ($17.20) and set a "buy" rating for the company in a research report on Friday, September 13th. Finally, Jefferies Financial Group dropped their target price on Fevertree Drinks from GBX 1,150 ($14.93) to GBX 1,000 ($12.98) and set a "hold" rating for the company in a report on Monday, July 29th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of GBX 1,511 ($19.62).

Fevertree Drinks Trading Down 0.4 %

The company has a 50 day moving average of GBX 824.98 and a 200-day moving average of GBX 977.43. 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 has a market cap of £874.97 million, a price-to-earnings ratio of 3,944.74, a price-to-earnings-growth ratio of -4.51 and a beta of 1.07.

Fevertree Drinks Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, October 18th. Shareholders of record on Thursday, September 26th were issued a dividend of GBX 5.85 ($0.08) per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a yield of 0.68%. Fevertree Drinks's dividend payout ratio (DPR) is 8,947.37%.

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.