Fevertree Drinks PLC (LON:FEVR – Free Report) shares exceeded their 50-day moving average during trading on Thursday. The stock has a 50-day moving average of GBX 1,104.27 ($14.01) and has traded as high as GBX 1,127.80 ($14.31). Fevertree Drinks shares last traded at GBX 1,086 ($13.78) with volume of 202,375 shares changing hands.
Wall Street analysts predict growth
Several brokerages have recently commented on FEVR. Royal Bank of Canada reiterated their “Sector Perform” rating and set a price target of GBX 1,200 ($15.22) on shares of Fevertree Drinks in a research report on Thursday, April 11. Deutsche Bank Aktiengesellschaft assumed coverage on Fevertree Drinks in a report on Tuesday, April 30. They issued a “Buy” rating and a price target of GBX 1,600 ($20.30) on the stock.
Read our latest stock report on FEVR
Fevertree Drinks Value for Money
The company has a debt-to-equity ratio of 6.39, a current ratio of 3.71 and a quick ratio of 3.21. The stock has a 50-day moving average price of GBX 1,104.27 and a 200-day moving average price of GBX 1,085.44. The stock has a market cap of £1.27 billion, a price-to-earnings ratio of 8,353.85, a price-to-earnings-growth ratio of -4.51 and a beta of 1.10.
About Fevertree Drinks
(Get free report)
Fevertree Drinks Plc, together with its subsidiaries, is engaged in the development and sale of premium mixed drinks in the UK, USA, the rest of Europe and internationally. The company offers Indian, Mediterranean, elderflower, cucumber, plum and sloe, rhubarb and raspberry, aromatic, lemon and clementine tonic water products, ginger drinks, lemonades, colas and lemonades, cocktails and carbonated soft drinks.
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