Fevertree Drinks PLC (OTCMKTS:FQVTF – Get Free Report) shares shot up 2.1% on Thursday. The company traded as high as $11.2474 and last traded at $11.2274. Approximately 4,020 shares traded hands during trading, an increase of 34% from the average daily volume of 2,990 shares. The stock had previously closed at $11.00.
Fevertree Drinks Stock Up 2.1%
The firm’s fifty day moving average is $11.16 and its two-hundred day moving average is $10.88.
About Fevertree Drinks
Fever-Tree Drinks plc is a United Kingdom-based beverage company that develops and markets premium mixers for use with spirits and in nonalcoholic drinks. Its portfolio includes tonic waters, ginger beer, ginger ale, sodas, lemonades and other flavored mixers, as well as selected ready-to-drink and cocktail-related products.
The company was founded in 2004 by Charles Rolls and Tim Warrillow with the goal of creating high-quality mixers using natural ingredients and distinctive botanical flavors.
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