Croda International (LON:CRDA) Sets New 1-Year Low – Time to Sell?

Posted by Nicole Kennedy on Oct 17th, 2024

Croda International Plc (LON:CRDA – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 3,760 ($49.10) and last traded at GBX 3,876 ($50.61), with a volume of 2683567 shares. The stock had previously closed at GBX 3,953 ($51.62).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reduced their target price on shares of Croda International from GBX 4,400 ($57.46) to GBX 4,200 ($54.84) and set a “neutral” rating for the company in a research report on Monday, July 15th.

View Our Latest Analysis on CRDA

Croda International Stock Down 0.6 %

The company has a quick ratio of 2.25, a current ratio of 2.72 and a debt-to-equity ratio of 30.70. The firm has a market capitalization of £5.28 billion, a PE ratio of 3,250.43, a price-to-earnings-growth ratio of 1.40 and a beta of 0.74. The business has a 50-day moving average price of GBX 3,995.58 and a 200-day moving average price of GBX 4,281.40.

Croda International Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, October 8th. Shareholders of record on Thursday, September 5th were issued a GBX 47 ($0.61) dividend. This represents a yield of 1.15%. The ex-dividend date of this dividend was Thursday, September 5th. Croda International’s payout ratio is currently 9,316.24%.

Insider Activity

In other news, insider Ian Bull bought 1,000 shares of the firm’s stock in a transaction on Tuesday, July 30th. The shares were bought at an average cost of GBX 3,936 ($51.40) per share, for a total transaction of £39,360 ($51,397.23). In the last quarter, insiders have bought 1,011 shares of company stock valued at $3,979,618. 0.93% of the stock is currently owned by insiders.

About Croda International

(Get Free Report)

Croda International Plc engages in the consumer care, life science, and industrial specialty businesses in in Europe, the Middle East, Africa, North America, Asia, and Latin America. The company offers speciality and active ingredients across beauty care, beauty actives, and home care products, as well as fragrances and flavours.