Croda International (OTCMKTS:COIHD) Trading Up 8.9% - Should You Buy?

Key Points

• Croda International Plc shares surged by 8.9%, trading at $19.29 after reaching a high of $19.49, amidst a significant increase in trading volume of 381,888 shares.
• The company has a market capitalization of $4.96 billion and a price-to-earnings ratio of 14.95, indicating a moderate valuation relative to its earnings.
• Croda operates in multiple segments, including Personal Care, Life Sciences, Performance Technologies, and Industrial Chemicals, offering a wide array of specialty chemical products across various industries.

Croda International Plc (OTCMKTS:COIHD - ) traded up 8.9% during trading on Friday . The stock traded as high as $19.49 and last traded at $19.29. 381,888 shares changed hands during mid-day trading, an increase of 18,358% from the average session volume of 2,069 shares. The stock had previously closed at $17.72.

Croda International Trading Up 8.9%

The business has a fifty day simple moving average of $17.53 and a two-hundred day simple moving average of $18.92. The company has a market cap of $4.96 billion, a PE ratio of 14.95, a price-to-earnings-growth ratio of 2.26 and a beta of 0.53.

Croda International Company Profile

Croda International Plc creates, makes, and sells specialty chemicals in Europe, the Middle East, Africa, North America, Asia, and Latin America. The company operates in four segments: Personal Care, Life Sciences, Performance Technologies, and Industrial Chemicals. It offers adhesives; crop protection additives and adjuvants, seed enhancement and animal health chemicals, chemical bio-stimulants, and specialty additives for agricultural films; and lubricant additives, coatings and polymers, vehicle cleaning chemicals, and products for automotive textiles and fibers, as well as specialty additives for plastics, and battery and catalyst industries.

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