Croda International (OTCMKTS:COIHY) Stock Price Passes Below 200 Day Moving Average – What’s Next?

Shares of Croda International Plc (OTCMKTS:COIHY) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $21.22 and traded as low as $17.87. Croda International shares last traded at $18.44, with a volume of 59,658 shares.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. UBS Group raised Croda International to a “strong-buy” rating in a research note on Wednesday, February 12th. The Goldman Sachs Group lowered shares of Croda International from a “hold” rating to a “strong sell” rating in a research note on Friday, April 11th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Croda International Stock Up 2.8 %

The business has a 50 day moving average of $19.32 and a 200 day moving average of $21.22. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.67 and a current ratio of 2.72.

Croda International Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, June 12th. Stockholders of record on Friday, April 11th will be given a dividend of $0.407 per share. This is a positive change from Croda International’s previous dividend of $0.26. The ex-dividend date of this dividend is Friday, April 11th.

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.