Fevertree Drinks (OTCMKTS:FQVTF) Shares Down 4.3% – Here’s Why

Fevertree Drinks PLC (OTCMKTS:FQVTFGet Free Report) shares were down 4.3% during trading on Tuesday . The company traded as low as $8.72 and last traded at $8.72. Approximately 3,100 shares traded hands during mid-day trading, a decline of 72% from the average daily volume of 10,985 shares. The stock had previously closed at $9.11.

Fevertree Drinks Stock Performance

The stock has a 50 day simple moving average of $8.49 and a 200-day simple moving average of $9.48.

About Fevertree Drinks

(Get Free Report)

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. The company offers Indian, Mediterranean, elderflower, cucumber, damson and sloe berry, rhubarb and raspberry, aromatic, lemon, and Clementine tonic water products; gingers; sodas; cola and lemonades; cocktails; and sparkling soft drinks.

Further Reading

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