Croda International (OTCMKTS:COIHY) Shares Gap Up – Here’s What Happened

Croda International PLC Unsponsored ADR (OTCMKTS:COIHY)’s share price gapped up prior to trading on Friday . The stock had previously closed at $19.06, but opened at $20.31. Croda International shares last traded at $20.35, with a volume of 8,418 shares changing hands.

Analysts Set New Price Targets

Several research firms have issued reports on COIHY. Kepler Capital Markets raised shares of Croda International from a “reduce” rating to a “hold” rating in a research report on Tuesday, March 31st. Zacks Research cut shares of Croda International from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Croda International currently has a consensus rating of “Hold”.

Croda International Price Performance

The company has a debt-to-equity ratio of 0.21, a current ratio of 1.99 and a quick ratio of 1.18. The firm’s fifty day moving average price is $19.09 and its 200 day moving average price is $18.96.

Croda International Company Profile

Croda International plc is a UK-based specialty chemicals company headquartered in East Yorkshire, England. Established in 1925, Croda has built a global reputation for developing and manufacturing high-performance ingredients derived primarily from natural oils and renewable resources. The company’s research-driven approach has enabled it to innovate across a wide range of sectors, delivering solutions that combine efficacy, sustainability and compliance with stringent regulatory standards.

Croda’s operations are organized around three core segments: Personal Care, Life Sciences and Performance Technologies.