Croda International (LON:CRDA) Stock Crosses Above Two Hundred Day Moving Average of $7,729.55

Shares of Croda International Plc (LON:CRDA) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 7,729.55 ($100.99) and traded as high as GBX 8,450 ($110.40). Croda International shares last traded at GBX 8,424 ($110.06), with a volume of 264,520 shares trading hands.

CRDA has been the topic of a number of analyst reports. Citigroup reiterated a “buy” rating and set a GBX 9,500 ($124.12) price objective on shares of Croda International in a research note on Wednesday, July 28th. Liberum Capital increased their price objective on shares of Croda International from GBX 7,400 ($96.68) to GBX 9,200 ($120.20) and gave the stock a “buy” rating in a research note on Thursday, July 29th. Barclays upgraded shares of Croda International to an “equal weight” rating and increased their price objective for the stock from GBX 6,000 ($78.39) to GBX 8,400 ($109.75) in a research note on Friday, July 30th. JPMorgan Chase & Co. increased their price objective on shares of Croda International from GBX 5,700 ($74.47) to GBX 6,600 ($86.23) and gave the stock an “underweight” rating in a research note on Wednesday, July 28th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Croda International from GBX 7,600 ($99.29) to GBX 8,500 ($111.05) and gave the stock a “hold” rating in a research note on Thursday, August 5th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of GBX 8,450 ($110.40).

The business’s fifty day moving average is GBX 8,909.92 and its 200-day moving average is GBX 7,736.57. The firm has a market cap of £12.19 billion and a P/E ratio of 48.02. The company has a debt-to-equity ratio of 58.34, a quick ratio of 1.12 and a current ratio of 1.98.

The firm also recently declared a dividend, which was paid on Tuesday, October 5th. Investors of record on Thursday, September 9th were given a GBX 43.50 ($0.57) dividend. This represents a yield of 0.53%. The ex-dividend date of this dividend was Thursday, September 9th. Croda International’s payout ratio is currently 0.50%.

In other Croda International news, insider Keith Layden sold 9,975 shares of Croda International stock in a transaction on Wednesday, August 4th. The shares were sold at an average price of GBX 8,610 ($112.49), for a total transaction of £858,847.50 ($1,122,089.76). In the last three months, insiders purchased 6 shares of company stock valued at $52,376.

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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