Croda International (OTCMKTS:COIHY) Shares Down 0.7% - Here's Why

Key Points

• Croda International's stock price decreased by 0.7% to $19.23, with a significant drop in trading volume, at 13,370 shares, which is 88% lower than its average.
• Equities analysts have given mixed ratings, with Kepler Capital Markets issuing a "strong sell" and Barclays upgrading to "strong buy", leading to a consensus rating of "Moderate Buy".
• The company has announced a dividend of $0.2558 per share, set to be paid on October 22nd, yielding 361.0% for shareholders of record before the ex-dividend date of August 29th.

Croda International PLC Unsponsored ADR (OTCMKTS:COIHY - Get Free Report)'s stock price dropped 0.7% during trading on Monday . The stock traded as low as $19.03 and last traded at $19.23. Approximately 13,370 shares were traded during trading, a decline of 88% from the average daily volume of 114,912 shares. The stock had previously closed at $19.36.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Kepler Capital Markets raised shares of Croda International to a "strong sell" rating in a research note on Monday, June 30th. Barclays raised Croda International from a "hold" rating to a "strong-buy" rating in a research note on Friday, September 26th. Two equities research analysts have rated the stock with a Strong Buy rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy".

Croda International Trading Down 0.7%

The company's fifty day simple moving average is $17.63 and its two-hundred day simple moving average is $18.96. The company has a quick ratio of 1.19, a current ratio of 2.07 and a debt-to-equity ratio of 0.23.

Croda International Cuts Dividend

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

Croda International Company Profile

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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