Fevertree Drinks (LON:FEVR) Stock Price Passes Above 50 Day Moving Average – Here’s What Happened

Fevertree Drinks PLC (LON:FEVR)’s stock price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 686.23 ($8.66) and traded as high as GBX 748.50 ($9.45). Fevertree Drinks shares last traded at GBX 715 ($9.02), with a volume of 669,513 shares trading hands.

Fevertree Drinks Trading Up 0.6 %

The company has a current ratio of 4.11, a quick ratio of 3.21 and a debt-to-equity ratio of 1.50. The company has a fifty day simple moving average of GBX 686.23 and a 200-day simple moving average of GBX 747.46. The company has a market capitalization of £916.99 million, a PE ratio of 38.30, a PEG ratio of -4.51 and a beta of 1.07.

Insider Buying and Selling

In other news, insider Andrew Branchflower bought 31,688 shares of the stock in a transaction that occurred on Thursday, January 30th. The stock was bought at an average cost of GBX 785 ($9.91) per share, for a total transaction of £248,750.80 ($313,920.75). 10.56% of the stock is owned by corporate insiders.

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.