Croda International (LON:CRDA) Hits New 52-Week Low – What’s Next?

Croda International Plc (LON:CRDA)’s share price hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 3,760 ($49.10) and last traded at GBX 3,876 ($50.61), with a volume of 2683567 shares traded. The stock had previously closed at GBX 3,953 ($51.62).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. decreased their price target on shares of Croda International from GBX 4,400 ($57.46) to GBX 4,200 ($54.84) and set a “neutral” rating for the company in a research note on Monday, July 15th.

Croda International Stock Down 0.6 %

The company has a debt-to-equity ratio of 30.70, a current ratio of 2.72 and a quick ratio of 2.25. The firm’s 50 day moving average price is GBX 3,995.58 and its two-hundred day moving average price is GBX 4,281.40. The firm has a market cap of £5.28 billion, a price-to-earnings ratio of 3,250.43, a P/E/G ratio of 1.40 and a beta of 0.74.

Croda International Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, October 8th. Shareholders of record on Thursday, September 5th were given a dividend of GBX 47 ($0.61) per share. The ex-dividend date was Thursday, September 5th. This represents a yield of 1.15%. Croda International’s payout ratio is 9,316.24%.

Insider Activity

In related news, insider Ian Bull purchased 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 30th. The stock was purchased at an average cost of GBX 3,936 ($51.40) per share, with a total value of £39,360 ($51,397.23). Over the last 90 days, insiders have purchased 1,011 shares of company stock valued at $3,979,618. Company insiders own 0.93% of the company’s stock.

About Croda International

Croda International Plc engages in the consumer care, life science, and industrial specialty businesses in in Europe, the Middle East, Africa, North America, Asia, and Latin America. The company offers speciality and active ingredients across beauty care, beauty actives, and home care products, as well as fragrances and flavours.