Fevertree Drinks (OTCMKTS:FQVTF) Shares Down 4.3% – Here’s Why

Shares of Fevertree Drinks PLC (OTCMKTS:FQVTF) fell 4.3% on Tuesday . The company traded as low as $8.72 and last traded at $8.72. 3,100 shares traded hands during mid-day trading, a decline of 72% from the average session volume of 10,985 shares. The stock had previously closed at $9.11.

Fevertree Drinks Price Performance

The stock has a 50-day moving average price of $8.49 and a two-hundred day moving average price of $9.48.

Fevertree Drinks Company Profile

Fevertree Drinks Plc, together with its subsidiaries, engages in the development and sale of premium mixer drinks in the United Kingdom, the United States, rest of Europe, and internationally. The company offers Indian, Mediterranean, elderflower, cucumber, damson and sloe berry, rhubarb and raspberry, aromatic, lemon, and Clementine tonic water products; gingers; sodas; cola and lemonades; cocktails; and sparkling soft drinks.