Fevertree Drinks (LON:FEVR) Stock Price Passes Below 50-Day Moving Average of $1,083.67

Fevertree Drinks PLC (LON:FEVR – Get Rating) shares crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 1,083.67 ($13.21) and traded as low as GBX 1,023.80 ($12.48). Fevertree Drinks shares last traded at GBX 1,055 ($12.86), with a volume of 242,145 shares trading hands.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Barclays reaffirmed an “equal weight” rating and issued a GBX 1,040 ($12.68) target price on shares of Fevertree Drinks in a research note on Monday, February 6th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a GBX 1,200 ($14.63) target price on shares of Fevertree Drinks in a research note on Monday, January 30th. One investment analyst has rated the stock with a sell rating and eight have issued a hold rating to the stock. According to data from MarketBeat.com, Fevertree Drinks has a consensus rating of “Hold” and a consensus price target of GBX 1,197.22 ($14.59).

Fevertree Drinks Stock Down 0.6 %

The firm’s 50 day moving average is GBX 1,083.67 and its two-hundred day moving average is GBX 1,022.82. The firm has a market cap of £1.23 billion, a P/E ratio of 3,196.97, a price-to-earnings-growth ratio of -4.51 and a beta of 1.17. The company has a current ratio of 4.16, a quick ratio of 3.21 and a debt-to-equity ratio of 1.15.

Fevertree Drinks Company Profile

(Get Rating)

Fevertree Drinks Plc, together with its subsidiaries, develops and supplies premium mixer drinks in the United Kingdom, the United States, Europe, and internationally. The company's products include Indian tonic water, Mediterranean tonic water, elderflower tonic water, Clementine tonic water, ginger beer, ginger ale, and cola distillers.