Fevertree Drinks (LON:FEVR) Stock Passes Below 200-Day Moving Average - Time to Sell?

Key Points

• Fevertree Drinks PLC shares dropped below their 200-day moving average, marking a potential bearish trend as they traded at GBX 787 ($10.57) amidst high trading volume.
• The company's debt-to-equity ratio stands at 1.50, while it holds a current ratio of 4.11, indicating a significant liquidity position but also notable leverage.
• With a market capitalization of £949.56 million and a P/E ratio of 3,801.93, the stock reflects both high valuation concerns and volatility in market sentiment.

Fevertree Drinks PLC (LON:FEVR - Get Free Report)'s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 838.58 ($11.36) and traded as low as GBX 781.50 ($10.59). Fevertree Drinks shares last traded at GBX 787 ($10.66), with a volume of 997,002 shares changing hands.

Fevertree Drinks Trading Down 0.5%

The firm has a fifty day simple moving average of GBX 900.13 and a two-hundred day simple moving average of GBX 841.23. The stock has a market cap of £924.47 million, a PE ratio of 3,745.80, a PEG ratio of -4.51 and a beta of 1.07. The company has a current ratio of 4.11, a quick ratio of 3.21 and a debt-to-equity ratio of 1.50.

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.