Fevertree Drinks (LON:FEVR) Hits New 12-Month Low at $828.50

Fevertree Drinks PLC (LON:FEVR)’s stock price hit a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 828.50 ($10.89) and last traded at GBX 831.06 ($10.93), with a volume of 87340 shares traded. The stock had previously closed at GBX 856 ($11.26).

Analyst Upgrades and Downgrades

Several research firms have weighed in on FEVR. Jefferies Financial Group lowered their price objective on Fevertree Drinks from GBX 1,150 ($15.12) to GBX 1,000 ($13.15) and set a “hold” rating on the stock in a research report on Monday, July 29th. JPMorgan Chase & Co. reduced their price objective on shares of Fevertree Drinks from GBX 2,720 ($35.77) to GBX 2,650 ($34.85) and set a “neutral” rating on the stock in a research note on Thursday, July 18th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Fevertree Drinks presently has an average rating of “Hold” and an average price target of GBX 1,566 ($20.59).

Fevertree Drinks Stock Down 3.2 %

The company has a market capitalization of £967.19 million, a price-to-earnings ratio of 6,584.62, a P/E/G ratio of -4.51 and a beta of 1.07. The company has a debt-to-equity ratio of 6.39, a current ratio of 3.71 and a quick ratio of 3.21. The firm’s fifty day moving average price is GBX 947 and its 200-day moving average price is GBX 1,056.86.

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.