Croda International (OTCMKTS:COIHY) Shares Cross Below 50 Day Moving Average – What’s Next?

Croda International PLC Unsponsored ADR (OTCMKTS:COIHY)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $18.47 and traded as low as $18.1250. Croda International shares last traded at $18.18, with a volume of 11,095 shares traded.

Analysts Set New Price Targets

Several research firms have recently weighed in on COIHY. Jefferies Financial Group downgraded shares of Croda International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 11th. Barclays upgraded 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 stock. According to MarketBeat.com, the company presently has an average rating of “Hold”.

Croda International Trading Down 0.2%

The business’s fifty day moving average price is $18.47 and its 200-day moving average price is $18.69. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.07 and a quick ratio of 1.19.

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.