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

Fevertree Drinks PLC (LON:FEVR)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 685.64 ($8.51) and traded as high as GBX 748.50 ($9.29). Fevertree Drinks shares last traded at GBX 732 ($9.08), with a volume of 510,764 shares traded.

Fevertree Drinks Stock Performance

The stock has a market capitalization of £838.19 million, a PE ratio of 3,778.95, a price-to-earnings-growth ratio of -4.51 and a beta of 1.07. The company has a quick ratio of 3.21, a current ratio of 4.11 and a debt-to-equity ratio of 5.84. The stock has a fifty day moving average of GBX 686.06 and a 200-day moving average of GBX 766.43.

Insider Buying and Selling at Fevertree Drinks

In other news, insider Andrew Branchflower acquired 31,688 shares of the firm’s stock in a transaction dated Thursday, January 30th. The stock was acquired at an average cost of GBX 785 ($9.74) per share, with a total value of £248,750.80 ($308,585.54). 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.