Fevertree Drinks (LON:FEVR) Shares Up 15.3% on Insider Buying Activity

Fevertree Drinks PLC (LON:FEVR)’s share price was up 15.3% during mid-day trading on Thursday after an insider bought additional shares in the company. The stock traded as high as GBX 811.50 ($10.06) and last traded at GBX 758.50 ($9.40). Approximately 7,926,374 shares traded hands during trading, an increase of 652% from the average daily volume of 1,053,455 shares. The stock had previously closed at GBX 658 ($8.15).

Specifically, insider Andrew Branchflower acquired 31,688 shares of Fevertree Drinks stock in a transaction on Thursday, January 30th. The stock was acquired at an average cost of GBX 785 ($9.73) per share, for a total transaction of £248,750.80 ($308,279.59).

Fevertree Drinks Trading Up 1.1 %

The stock has a market cap of £933.92 million, a P/E ratio of 4,210.53, a P/E/G 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. The firm’s 50 day moving average price is GBX 681.40 and its 200-day moving average price is GBX 775.20.

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.