Fevertree Drinks (LON:FEVR) Shares Cross Above 50 Day Moving Average - Should You Sell?

Fevertree Drinks PLC (LON:FEVR - Get Free Report) shares crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 761.71 ($10.12) and traded as high as GBX 835 ($11.09). Fevertree Drinks shares last traded at GBX 809 ($10.75), with a volume of 341,033 shares changing hands.

Fevertree Drinks Price Performance

The company has a current ratio of 4.11, a quick ratio of 3.21 and a debt-to-equity ratio of 1.50. The company has a market capitalization of £1.10 billion, a P/E ratio of 45.83, a P/E/G ratio of -4.51 and a beta of 1.07. The business's fifty day moving average price is GBX 769.22 and its 200-day moving average price is GBX 723.06.

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

Fevertree Drinks Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 20th. Stockholders of record on Thursday, May 15th will be paid a dividend of GBX 11.12 ($0.15) per share. This represents a dividend yield of 1.43%. This is an increase from Fevertree Drinks's previous dividend of $5.85. The ex-dividend date is Thursday, May 15th. Fevertree Drinks's dividend payout ratio 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.