Croda International (OTCMKTS:COIHY) Shares Gap Up – Here’s What Happened

Croda International PLC Unsponsored ADR (OTCMKTS:COIHY)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $19.1088, but opened at $20.20. Croda International shares last traded at $20.17, with a volume of 442 shares changing hands.

Analysts Set New Price Targets

COIHY has been the subject of several recent research reports. Kepler Capital Markets raised shares of Croda International from a “reduce” rating to a “hold” rating in a research note on Tuesday, March 31st. Zacks Research downgraded shares of Croda International from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Croda International Trading Up 1.8%

The company has a quick ratio of 1.18, a current ratio of 1.99 and a debt-to-equity ratio of 0.21. The firm’s fifty day moving average price is $19.66 and its 200-day moving average price is $19.15.

Croda International Company Profile

Croda International plc is a UK-based specialty chemicals company headquartered in East Yorkshire, England. Established in 1925, Croda has built a global reputation for developing and manufacturing high-performance ingredients derived primarily from natural oils and renewable resources. The company’s research-driven approach has enabled it to innovate across a wide range of sectors, delivering solutions that combine efficacy, sustainability and compliance with stringent regulatory standards.

Croda’s operations are organized around three core segments: Personal Care, Life Sciences and Performance Technologies.