Croda International Plc (LON:CRDA – Get Rating) insider Jez K. Maiden purchased 2 shares of Croda International stock in a transaction dated Wednesday, August 10th. The shares were purchased at an average cost of GBX 7,162 ($86.54) per share, with a total value of £143.24 ($173.08).
Croda International Price Performance
Shares of CRDA stock traded up GBX 30 ($0.36) during mid-day trading on Thursday, hitting GBX 7,264 ($87.77). The company had a trading volume of 83,351 shares, compared to its average volume of 392,352. The company has a market capitalization of £10.14 billion and a P/E ratio of 1,435.32. The stock’s 50 day moving average price is GBX 6,694.84 and its 200-day moving average price is GBX 7,127.62. Croda International Plc has a 52-week low of GBX 5,862 ($70.83) and a 52-week high of £105.05 ($126.93). The company has a debt-to-equity ratio of 47.10, a current ratio of 3.02 and a quick ratio of 2.25.
Croda International Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Tuesday, October 4th. Investors of record on Thursday, September 8th will be issued a GBX 47 ($0.57) dividend. The ex-dividend date is Thursday, September 8th. This represents a yield of 0.66%. Croda International’s dividend payout ratio (DPR) is currently 19.84%.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on the company. Berenberg Bank decreased their price target on Croda International from GBX 9,000 ($108.75) to GBX 8,400 ($101.50) and set a “buy” rating on the stock in a report on Monday, August 1st. JPMorgan Chase & Co. lowered their price objective on Croda International from GBX 6,600 ($79.75) to GBX 6,000 ($72.50) and set an “underweight” rating on the stock in a research note on Wednesday, July 6th. Finally, Barclays reduced their price target on Croda International from GBX 8,300 ($100.29) to GBX 8,100 ($97.87) and set an “equal weight” rating on the stock in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of GBX 8,100 ($97.87).
About Croda International
Croda International Plc creates, makes, and sells specialty chemicals in Europe, the Middle East, Africa, North America, Asia, and Latin America. It operates through four segments: Consumer Care, Life Sciences, Performance Technologies, and Industrial Chemicals. The company offers adhesives; crop protection additives and adjuvants, seed enhancement and animal health chemicals, chemical bio-stimulants, and specialty additives for agricultural films; and lubricant additives, coatings and polymers, vehicle cleaning chemicals, and products for automotive textiles and fibers, as well as specialty additives for plastics, and battery and catalyst industries.