Fevertree Drinks (LON:FEVR) Hits New 12-Month Low – Should You Sell?

Fevertree Drinks PLC (LON:FEVR)’s share price reached a new 52-week low on Tuesday . The stock traded as low as GBX 649.98 ($8.22) and last traded at GBX 688 ($8.71), with a volume of 301541 shares. The stock had previously closed at GBX 684 ($8.65).

Analyst Upgrades and Downgrades

FEVR has been the subject of a number of analyst reports. Jefferies Financial Group decreased their price objective on shares of Fevertree Drinks from GBX 1,150 ($14.55) to GBX 1,000 ($12.65) and set a “hold” rating for the company in a report on Monday, July 29th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Fevertree Drinks from GBX 1,450 ($18.35) to GBX 1,325 ($16.77) and set a “buy” rating for the company in a report on Friday, September 13th.

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 firm has a market capitalization of £802.00 million, a P/E ratio of 3,615.79, a PEG ratio of -4.51 and a beta of 1.07. The business has a 50 day moving average of GBX 758.49 and a 200-day moving average of GBX 920.91.

Fevertree Drinks Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, October 18th. Stockholders of record on Thursday, September 26th were issued a GBX 5.85 ($0.07) dividend. This represents a dividend yield of 0.68%. The ex-dividend date of this dividend was Thursday, September 26th. Fevertree Drinks’s dividend payout ratio (DPR) is presently 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.