Croda International (LON:CRDA) Stock Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Croda International Plc (LON:CRDA)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 2,758.03 and traded as high as GBX 3,006. Croda International shares last traded at GBX 2,848, with a volume of 28,326,746 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group lowered Croda International to a “hold” rating and lowered their target price for the company from GBX 3,100 to GBX 3,000 in a research note on Tuesday, November 11th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Croda International has a consensus rating of “Hold” and an average target price of GBX 3,112.50.

Croda International Price Performance

The business has a fifty day moving average of GBX 2,846.59 and a 200 day moving average of GBX 2,758.03. The company has a debt-to-equity ratio of 34.76, a current ratio of 1.99 and a quick ratio of 2.25. The stock has a market cap of £4.01 billion, a PE ratio of 18.66, a P/E/G ratio of 1.40 and a beta of 0.93.

Croda International (LON:CRDA) last announced its earnings results on Tuesday, February 24th. The company reported GBX 146.20 earnings per share (EPS) for the quarter. Croda International had a return on equity of 2.82% and a net margin of 3.65%. Sell-side analysts anticipate that Croda International Plc will post 181.8307268 earnings per share for the current year.

Croda International Company Profile

Founded in 1925 with the aim of turning bio-based raw materials into innovative ingredients, Croda International is a speciality chemicals company focused on consumer care and life sciences markets. The company is focused on creating, making and selling innovative ingredients that deliver real benefits to a diverse range of customers and employs more than 6,000 people around the world. Sustainability is a core part of the Groups strategy with a commitment to be Climate, Land and People positive by 2030.