Fevertree Drinks (LON:FEVR) Stock Breaks Above 50-Day Moving Average – Should You Sell?

Fevertree Drinks PLC (LON:FEVR)’s share price passed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of GBX 841.27 and traded as high as GBX 848. Fevertree Drinks shares last traded at GBX 844, with a volume of 1,820,215 shares changing hands.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Jefferies Financial Group upped their price target on shares of Fevertree Drinks from GBX 1,080 to GBX 1,100 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Berenberg Bank reiterated a “hold” rating and issued a GBX 780 price objective on shares of Fevertree Drinks in a research note on Monday, September 14th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of GBX 920.

Fevertree Drinks Trading Down 1.9%

The firm has a market cap of £931.07 million, a price-to-earnings ratio of 44.84, a PEG ratio of -4.51 and a beta of 1.14. The company has a debt-to-equity ratio of 1.89, a quick ratio of 3.21 and a current ratio of 3.16. The business has a fifty day moving average of GBX 841.28 and a two-hundred day moving average of GBX 815.37.

Fevertree Drinks (LON:FEVR) last issued its quarterly earnings data on Thursday, September 10th. The company reported GBX 9.50 earnings per share (EPS) for the quarter. Fevertree Drinks had a return on equity of 11.88% and a net margin of 7.29%. As a group, equities analysts expect that Fevertree Drinks PLC will post 38.3184173 earnings per share for the current fiscal year.

Insider Buying and Selling at Fevertree Drinks

In other news, insider Domenico De Lorenzo purchased 44,674 shares of the company’s stock in a transaction dated Friday, September 11th. The stock was acquired at an average price of GBX 780 per share, for a total transaction of £348,457.20. 13.09% of the stock is currently owned by corporate insiders.

About Fevertree Drinks

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.