Croda International Plc (LON:CRDA)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $5,271.10 and traded as high as $6,304.00. Croda International shares last traded at $6,250.00, with a volume of 241,817 shares traded.
Several brokerages have recently issued reports on CRDA. Morgan Stanley reissued an “overweight” rating on shares of Croda International in a research report on Monday, July 20th. Sanford C. Bernstein increased their target price on Croda International from GBX 4,500 ($58.80) to GBX 5,100 ($66.64) and gave the stock a “market perform” rating in a research report on Tuesday, July 14th. Barclays reissued an “equal weight” rating on shares of Croda International in a research report on Monday, July 6th. JPMorgan Chase & Co. upped their price target on Croda International from GBX 4,025 ($52.59) to GBX 4,250 ($55.53) and gave the stock a “neutral” rating in a research note on Tuesday, July 7th. Finally, Deutsche Bank restated a “hold” rating on shares of Croda International in a research note on Friday, July 24th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 4,985 ($65.14).
The company’s 50 day moving average price is GBX 6,052.08 and its two-hundred day moving average price is GBX 5,281.62. The company has a quick ratio of 1.13, a current ratio of 2.28 and a debt-to-equity ratio of 64.92. The stock has a market cap of $8.15 billion and a P/E ratio of 39.76.
The business also recently declared a dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, August 20th were paid a dividend of GBX 39.50 ($0.52) per share. This represents a dividend yield of 0.71%. The ex-dividend date was Thursday, August 20th. Croda International’s dividend payout ratio is presently 49.69%.
About Croda International (LON:CRDA)
Croda International Plc creates, makes, and sells specialty chemicals in Europe, the Middle East, Africa, North America, Asia, and Latin America. The company operates in four segments: Personal Care, Life Sciences, Performance Technologies, and Industrial Chemicals. It offers adhesives; crop protection additives and adjuvants, seed enhancement and animal health chemicals, chemical bio-stimulants, and specialty additives for agricultural films; and lubricant additives, coatings and polymers, vehicle cleaning chemicals, and products for automotive textiles and fibers, as well as specialty additives for plastics, and battery and catalyst industries.
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