Croda International (LON:CRDA) Stock Passes Above 200-Day Moving Average of $4,694.54

Croda International Plc (LON:CRDA)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 4,694.54 ($57.99) and traded as high as GBX 4,716 ($58.25). Croda International shares last traded at GBX 4,703 ($58.09), with a volume of 306,913 shares traded.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and set a GBX 5,200 ($64.23) price objective on shares of Croda International in a research report on Wednesday, February 28th.

Croda International Price Performance

The stock has a market capitalization of £6.57 billion, a PE ratio of 3,854.92, a PEG ratio of 1.62 and a beta of 0.71. The company has a current ratio of 2.84, a quick ratio of 2.25 and a debt-to-equity ratio of 29.99. The company’s 50 day simple moving average is GBX 4,806.40 and its 200 day simple moving average is GBX 4,694.54.

Croda International Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, May 29th. Shareholders of record on Thursday, April 18th will be paid a GBX 62 ($0.77) dividend. This is a boost from Croda International’s previous dividend of $47.00. This represents a yield of 1.26%. The ex-dividend date is Thursday, April 18th. Croda International’s payout ratio is presently 8,934.43%.

Insiders Place Their Bets

In other Croda International news, insider Tom Brophy sold 820 shares of Croda International stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of GBX 4,954 ($61.19), for a total value of £40,622.80 ($50,176.38). In the last three months, insiders bought 9 shares of company stock valued at $43,116. Company insiders own 0.94% of the company’s stock.

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.