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

Key Points

• Fevertree Drinks' stock recently surpassed its fifty-day moving average and traded at a high of GBX 973 ($13.08).
• The company's current market capitalization is £1.23 billion, with a price-to-earnings ratio of 51.21, indicating high investor expectations.
• Fevertree Drinks specializes in the development and sale of premium mixer drinks and operates in various markets including the UK and the US.

Fevertree Drinks PLC (LON:FEVR - )'s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 917.11 ($12.33) and traded as high as GBX 973 ($13.08). Fevertree Drinks shares last traded at GBX 964 ($12.96), with a volume of 227,745 shares traded.

Fevertree Drinks Stock Down 0.2%

The stock has a market cap of £1.23 billion, a price-to-earnings ratio of 51.21, a P/E/G ratio of -4.51 and a beta of 1.07. The business has a fifty day moving average of GBX 917.11 and a 200 day moving average of GBX 816.83. The company has a debt-to-equity ratio of 1.50, a current ratio of 4.11 and a quick ratio of 3.21.

Fevertree Drinks Company Profile

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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