Fevertree Drinks (LON:FEVR) Hits New 52-Week Low – Here’s Why

Shares of Fevertree Drinks PLC (LON:FEVR) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 625.50 ($7.66) and last traded at GBX 631 ($7.72), with a volume of 376361 shares changing hands. The stock had previously closed at GBX 636 ($7.78).

Fevertree Drinks Stock Performance

The firm’s fifty day simple moving average is GBX 686.71 and its 200 day simple moving average is GBX 802.76. The company has a market capitalization of £762.90 million, a price-to-earnings ratio of 3,439.47, a PEG ratio of -4.51 and a beta of 1.07. The company has a debt-to-equity ratio of 5.84, a current ratio of 4.11 and a quick ratio of 3.21.

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. It offers Indian, Mediterranean, summer garden, elderflower, cucumber, damson and sloe berry, rhubarb and raspberry, aromatic, lemon, and Clementine tonic water products; pink grapefruit, soda water, raspberry and orange blossom, Mexican lime, Italian blood orange, white grape and apricot sodas; Silician, premium, and Madagascan cola and lemonades; British apple with garden mint, ginger, Sicilian lemonade, sparkling Mexican lime, Italian white grape and apricot, and light raspberry and rose lemonade softdrinks; and gingers.