Croda International (OTCMKTS:COIHY) Trading Down 3.9% - What's Next?

Key Points

• Croda International shares fell by 3.9%, trading at $16.77 with a significant increase in trading volume, suggesting potential volatility in the stock's performance.
• Recent analyst reports show a shift in sentiment, with Goldman Sachs downgrading the stock to a "strong sell" rating, while others maintain a mix of ratings with an average of "Hold."
• The company's current ratios indicate a solid liquidity position, with a current ratio of 2.63 and a debt-to-equity ratio of 0.25, reflecting financial stability amid fluctuating stock performance.

Croda International PLC Unsponsored ADR (OTCMKTS:COIHY - Get Free Report) shares fell 3.9% on Wednesday . The company traded as low as $16.77 and last traded at $16.77. 43,315 shares changed hands during trading, an increase of 91% from the average session volume of 22,729 shares. The stock had previously closed at $17.45.

Analyst Ratings Changes

Several brokerages have recently commented on COIHY. Kepler Capital Markets raised shares of Croda International to a "strong sell" rating in a report on Monday, June 30th. The Goldman Sachs Group cut shares of Croda International from a "hold" rating to a "strong sell" rating in a research report on Friday, April 11th.

Croda International Price Performance

The business's fifty day moving average is $20.19 and its 200-day moving average is $19.95. The company has a current ratio of 2.63, a quick ratio of 1.53 and a debt-to-equity ratio of 0.25.

About Croda International

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.