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

Fevertree Drinks PLC (LON:FEVR - Get Free Report)'s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 795.91 ($10.68) and traded as high as GBX 905 ($12.15). Fevertree Drinks shares last traded at GBX 876 ($11.76), with a volume of 830,497 shares trading hands.

Fevertree Drinks Price Performance

The firm has a market capitalization of £1.12 billion, a P/E ratio of 46.59, a price-to-earnings-growth ratio of -4.51 and a beta of 1.07. The business has a 50-day moving average of GBX 795.91 and a 200 day moving average of GBX 731.05. The company has a current ratio of 4.11, a quick ratio of 3.21 and a debt-to-equity ratio of 1.50.

Fevertree Drinks (LON:FEVR - Get Free Report) last issued its earnings results on Tuesday, March 25th. The company reported GBX 28.01 ($0.38) EPS for the quarter. Fevertree Drinks had a return on equity of 9.30% and a net margin of 6.05%. On average, 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 business also recently declared a dividend, which will be paid on Friday, June 20th. Shareholders of record on Thursday, May 15th will be paid a dividend of GBX 11.12 ($0.15) per share. The ex-dividend date is Thursday, May 15th. This represents a yield of 1.43%. This is an increase from Fevertree Drinks's previous dividend of $5.85. Fevertree Drinks's 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.

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