Croda International (OTCMKTS:COIHY) Stock Price Passes Below Fifty Day Moving Average – Here’s What Happened

Croda International PLC Unsponsored ADR (OTCMKTS:COIHY) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-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 trading hands.

Wall Street Analysts Forecast Growth

COIHY has been the topic of several recent analyst reports. Barclays upgraded shares of Croda International from a “hold” rating to a “strong-buy” rating in a report on Friday, September 26th. Jefferies Financial Group cut Croda International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 11th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Croda International Price Performance

The company’s 50-day simple moving average is $18.55 and its 200-day simple moving average is $18.90. The company has a current ratio of 2.07, a quick ratio of 1.19 and a debt-to-equity ratio of 0.23.

Croda International Company Profile

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.