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Croda International (OTCMKTS:COIHY) Sees Large Volume Increase - What's Next?

Croda International logo with Basic Materials background

Key Points

  • Croda International shares experienced a significant increase in trading volume, rising by 36% to 80,498 shares on Monday, with the stock price closing at $17.18.
  • Kepler Capital Markets has downgraded Croda International to a "strong sell", while the consensus rating remains at "Hold" according to MarketBeat.com.
  • The company has announced a $0.2558 dividend to be paid on October 22nd, representing a notable yield of 361.0%.
  • MarketBeat previews the top five stocks to own by November 1st.

Shares of Croda International PLC Unsponsored ADR (OTCMKTS:COIHY - Get Free Report) saw unusually-strong trading volume on Monday . Approximately 80,498 shares changed hands during trading, an increase of 36% from the previous session's volume of 59,358 shares.The stock last traded at $17.18 and had previously closed at $16.85.

Analyst Ratings Changes

Separately, Kepler Capital Markets upgraded Croda International to a "strong sell" rating in a report on Monday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Croda International currently has a consensus rating of "Hold".

Check Out Our Latest Analysis on COIHY

Croda International Trading Up 0.1%

The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.53 and a current ratio of 2.07. The firm has a 50 day moving average price of $17.57 and a 200-day moving average price of $19.14.

Croda International Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, October 22nd. Investors of record on Monday, September 1st will be issued a $0.2558 dividend. This represents a yield of 361.0%. The ex-dividend date is Friday, August 29th.

Croda International Company Profile

(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.

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