Croda International (LON:CRDA) Shares Cross Above 200-Day Moving Average – Time to Sell?

Shares of Croda International Plc (LON:CRDA) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3,010.28 and traded as high as GBX 3,194. Croda International shares last traded at GBX 3,163, with a volume of 971,335 shares traded.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on CRDA. Jefferies Financial Group boosted their price target on shares of Croda International from GBX 3,500 to GBX 4,000 and gave the stock a “buy” rating in a research note on Tuesday, September 1st. Berenberg Bank restated a “buy” rating and issued a GBX 3,600 price objective on shares of Croda International in a research report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 3,300 target price on shares of Croda International in a research report on Wednesday, July 29th. Finally, Citigroup raised their price target on Croda International from GBX 3,050 to GBX 3,200 and gave the company a “neutral” rating in a report on Wednesday, July 29th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 3,490.

Croda International Stock Performance

The company has a current ratio of 2.57, a quick ratio of 2.25 and a debt-to-equity ratio of 36.06. The firm has a market capitalization of £4.41 billion, a price-to-earnings ratio of 55.59, a PEG ratio of 1.40 and a beta of 0.92. The stock’s 50 day moving average price is GBX 3,203.24 and its two-hundred day moving average price is GBX 3,010.28.

Croda International (LON:CRDA) last announced its quarterly earnings data on Tuesday, July 28th. The company reported GBX 72.20 EPS for the quarter. Croda International had a net margin of 4.61% and a return on equity of 3.65%. On average, analysts forecast that Croda International Plc will post 181.8307268 EPS for the current year.

Insider Transactions at Croda International

In other news, insider Stephen Oxley sold 1,339 shares of Croda International stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of GBX 3,214, for a total transaction of £43,035.46. Insiders have bought 29 shares of company stock valued at $90,842 over the last three months. Company insiders own 0.83% of the company’s stock.

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.