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Fevertree Drinks (LON:FEVR) Shares Pass Below Fifty Day Moving Average - Here's Why

Fevertree Drinks logo with Consumer Defensive background

Fevertree Drinks PLC (LON:FEVR - Get Free Report) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 884.55 ($11.93) and traded as low as GBX 860 ($11.60). Fevertree Drinks shares last traded at GBX 890 ($12.01), with a volume of 211,577 shares.

Fevertree Drinks Trading Down 0.4%

The stock has a market capitalization of £1.13 billion, a P/E ratio of 47.38, a price-to-earnings-growth ratio of -4.51 and a beta of 1.07. The business has a 50 day simple moving average of GBX 884.55 and a 200-day simple moving average of GBX 779.71. The company has a debt-to-equity ratio of 1.50, a quick ratio of 3.21 and a current ratio of 4.11.

About Fevertree Drinks

(Get Free Report)

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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