Fevertree Drinks (LON:FEVR) Shares Up 15.3% – Time to Buy?

Shares of Fevertree Drinks PLC (LON:FEVR) shot up 15.3% during mid-day trading on Thursday . The stock traded as high as GBX 811.50 ($10.10) and last traded at GBX 758.50 ($9.44). 7,926,374 shares traded hands during mid-day trading, an increase of 652% from the average session volume of 1,053,455 shares. The stock had previously closed at GBX 658 ($8.19).

Fevertree Drinks Stock Up 19.5 %

The company has a quick ratio of 3.21, a current ratio of 4.11 and a debt-to-equity ratio of 5.84. The company’s fifty day moving average is GBX 676.97 and its 200-day moving average is GBX 774.91. The company has a market cap of £917.74 million, a PE ratio of 4,137.59, a PEG ratio of -4.51 and a beta of 1.07.

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.