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) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 838.58 ($11.34) and traded as low as GBX 781.50 ($10.57). Fevertree Drinks shares last traded at GBX 787 ($10.65), with a volume of 997,002 shares.

Fevertree Drinks Stock Performance

The company has a debt-to-equity ratio of 1.50, a current ratio of 4.11 and a quick ratio of 3.21. The firm has a market capitalization of £917.37 million, a P/E ratio of 3,717.03, a P/E/G ratio of -4.51 and a beta of 1.07. The stock's 50 day moving average is GBX 897.42 and its two-hundred day moving average is GBX 840.81.

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.