Fevertree Drinks (LON:FEVR) Share Price Crosses Above Fifty Day Moving Average - Should You Sell?

Fevertree Drinks PLC (LON:FEVR - Get Free Report)'s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 776.54 ($10.30) and traded as high as GBX 859 ($11.40). Fevertree Drinks shares last traded at GBX 852 ($11.30), with a volume of 308,775 shares changing hands.

Fevertree Drinks Stock Down 0.2%

The firm has a market capitalization of £1.08 billion, a P/E ratio of 45.25, a PEG ratio of -4.51 and a beta of 1.07. The company has a debt-to-equity ratio of 1.50, a quick ratio of 3.21 and a current ratio of 4.11. The business's fifty day moving average price is GBX 776.54 and its two-hundred day moving average price is GBX 725.61.

Fevertree Drinks (LON:FEVR - Get Free Report) last released its earnings results on Tuesday, March 25th. The company reported GBX 28.01 ($0.37) EPS for the quarter. Fevertree Drinks had a net margin of 6.05% and a return on equity of 9.30%. Equities analysts expect that Fevertree Drinks PLC will post 38.3184173 earnings per share for the current fiscal year.

Fevertree Drinks Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, June 20th. Investors of record on Thursday, May 15th will be paid a GBX 11.12 ($0.15) dividend. The ex-dividend date is Thursday, May 15th. This is a boost from Fevertree Drinks's previous dividend of $5.85. This represents a yield of 1.43%. Fevertree Drinks's dividend payout ratio (DPR) is 90.49%.

About Fevertree Drinks

Fevertree Drinks PLC, together with its subsidiaries, engages in the development and sale of premium mixer drinks in the United Kingdom, the United States, rest of Europe, and internationally. It offers Indian, Mediterranean, summer garden, elderflower, cucumber, damson and sloe berry, rhubarb and raspberry, aromatic, lemon, and Clementine tonic water products; pink grapefruit, soda water, raspberry and orange blossom, Mexican lime, Italian blood orange, white grape and apricot sodas; Silician, premium, and Madagascan cola and lemonades; British apple with garden mint, ginger, Sicilian lemonade, sparkling Mexican lime, Italian white grape and apricot, and light raspberry and rose lemonade softdrinks; and gingers.

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