Croda International (OTCMKTS:COIHY) Share Price Crosses Below 50-Day Moving Average – Should You Sell?

Croda International PLC Unsponsored ADR (OTCMKTS:COIHY) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $18.55 and traded as low as $18.13. Croda International shares last traded at $18.16, with a volume of 17,527 shares traded.

Analyst Ratings Changes

A number of brokerages have recently issued reports on COIHY. Jefferies Financial Group cut shares of Croda International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 11th. Barclays raised shares of Croda International from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 26th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold”.

Croda International Stock Performance

The company has a debt-to-equity ratio of 0.23, a current ratio of 2.07 and a quick ratio of 1.19. The stock has a 50-day moving average price of $18.55 and a two-hundred day moving average price of $18.92.

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.