Fevertree Drinks (LON:FEVR) Releases Quarterly Earnings Results

Fevertree Drinks (LON:FEVR) released its quarterly earnings results on Tuesday. The company reported GBX 28.01 ($0.36) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Fevertree Drinks had a net margin of 6.05% and a return on equity of 9.30%.

Fevertree Drinks Stock Up 4.0 %

Shares of Fevertree Drinks stock opened at GBX 809.50 ($10.48) on Wednesday. The company has a 50-day simple moving average of GBX 711.10 and a two-hundred day simple moving average of GBX 722.85. The stock has a market capitalization of £1.03 billion, a PE ratio of 43.09, a price-to-earnings-growth ratio of -4.51 and a beta of 1.07. Fevertree Drinks has a 52-week low of GBX 608.50 ($7.88) and a 52-week high of GBX 1,220 ($15.79). The company has a debt-to-equity ratio of 1.50, a quick ratio of 3.21 and a current ratio of 4.11.

Insider Buying and Selling at Fevertree Drinks

In related news, insider Andrew Branchflower bought 31,688 shares of the business’s stock in a transaction on Thursday, January 30th. The stock was acquired at an average price of GBX 785 ($10.16) per share, with a total value of £248,750.80 ($322,049.20). Company insiders own 10.56% of the company’s stock.

About Fevertree Drinks

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.