Fevertree Drinks (LON:FEVR) Share Price Passes Above 50 Day Moving Average – What’s Next?

Fevertree Drinks PLC (LON:FEVR)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 695.40 ($9.02) and traded as high as GBX 736.50 ($9.55). Fevertree Drinks shares last traded at GBX 725 ($9.40), with a volume of 458,275 shares trading hands.

Fevertree Drinks Price Performance

The stock has a 50 day moving average of GBX 695.40 and a two-hundred day moving average of GBX 733.43. The company has a debt-to-equity ratio of 1.50, a quick ratio of 3.21 and a current ratio of 4.11. The stock has a market cap of £924.00 million, a PE ratio of 38.59, a PEG ratio of -4.51 and a beta of 1.07.

Insiders Place Their Bets

In other Fevertree Drinks news, insider Andrew Branchflower purchased 31,688 shares of the company’s stock in a transaction that occurred on Thursday, January 30th. The shares were purchased at an average cost of GBX 785 ($10.18) per share, with a total value of £248,750.80 ($322,592.14). 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.