Croda International (LON:CRDA) Stock Passes Above 200 Day Moving Average of $4,692.95

Croda International Plc (LON:CRDA) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 4,692.95 ($58.42) and traded as high as GBX 4,892 ($60.90). Croda International shares last traded at GBX 4,849 ($60.36), with a volume of 374,056 shares traded.

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and set a GBX 5,200 ($64.73) price objective on shares of Croda International in a research report on Wednesday, February 28th.

Croda International Price Performance

The company has a current ratio of 2.84, a quick ratio of 2.25 and a debt-to-equity ratio of 29.99. The company has a market cap of £6.76 billion, a P/E ratio of 3,974.59, a P/E/G ratio of 1.62 and a beta of 0.71. The firm has a 50 day moving average of GBX 4,818 and a 200-day moving average of GBX 4,692.95.

Croda International Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, May 29th. Stockholders of record on Thursday, April 18th will be issued a GBX 62 ($0.77) dividend. This represents a dividend yield of 1.26%. The ex-dividend date is Thursday, April 18th. This is an increase from Croda International’s previous dividend of $47.00. Croda International’s payout ratio is 8,934.43%.

Insider Buying and Selling

In other Croda International news, insider Tom Brophy sold 820 shares of the business’s stock in a transaction on Monday, March 25th. The shares were sold at an average price of GBX 4,954 ($61.67), for a total value of £40,622.80 ($50,569.90). Over the last quarter, insiders purchased 9 shares of company stock worth $43,116. 0.94% of the stock is owned by insiders.

Croda International Company Profile

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.