Fevertree Drinks (LON:FEVR) Trading Up 15.3% Following Insider Buying Activity

Fevertree Drinks PLC (LON:FEVR) was up 15.3% during trading on Thursday following insider buying activity. The company 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 purchased 31,688 shares of the stock in a transaction on Thursday, January 30th. The shares were bought at an average cost of GBX 785 ($9.73) per share, with a total value of £248,750.80 ($308,279.59).

Fevertree Drinks Stock Up 1.1 %

The company has a market cap of £933.92 million, a price-to-earnings ratio of 4,210.53, a PEG ratio of -4.51 and a beta of 1.07. The business has a fifty day moving average of GBX 681.40 and a two-hundred day moving average of GBX 775.20. The company has a current ratio of 4.11, a quick ratio of 3.21 and a debt-to-equity ratio of 5.84.

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.