Croda International (LON:CRDA) Share Price Crosses Above 200-Day Moving Average of $4,720.50

Croda International Plc (LON:CRDA) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 4,720.50 ($59.30) and traded as high as GBX 4,932 ($61.96). Croda International shares last traded at GBX 4,863 ($61.09), with a volume of 273,925 shares.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Berenberg Bank reiterated a “buy” rating and set a GBX 5,200 ($65.33) target price on shares of Croda International in a report on Wednesday, February 28th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 5,300 ($66.58) price target on shares of Croda International in a research note on Wednesday, May 1st.

Croda International Stock Down 0.1 %

The stock’s 50 day simple moving average is GBX 4,775.58 and its two-hundred day simple moving average is GBX 4,720.50. The firm has a market cap of £6.79 billion, a P/E ratio of 3,943.09, a P/E/G ratio of 1.59 and a beta of 0.71. The company has a debt-to-equity ratio of 29.99, a current ratio of 2.84 and a quick ratio of 2.25.

Croda International Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, May 29th. Investors of record on Thursday, April 18th will be given a dividend of GBX 62 ($0.78) per share. This represents a yield of 1.26%. The ex-dividend date of this dividend is Thursday, April 18th. This is a positive change from Croda International’s previous dividend of $47.00. Croda International’s dividend payout ratio (DPR) is 8,861.79%.

Insider Buying and Selling at Croda International

In related news, insider Tom Brophy sold 820 shares of the company’s stock in a transaction that occurred on Monday, March 25th. The stock was sold at an average price of GBX 4,954 ($62.24), for a total value of £40,622.80 ($51,033.67). Over the last 90 days, insiders purchased 9 shares of company stock worth $43,116. 0.90% of the stock is owned by insiders.

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.