Croda International (OTCMKTS:COIHY) Sets New 12-Month Low – Here’s Why

Shares of Croda International Plc (OTCMKTS:COIHY) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $18.75 and last traded at $18.76, with a volume of 48892 shares traded. The stock had previously closed at $19.85.

Wall Street Analyst Weigh In

Separately, UBS Group upgraded shares of Croda International to a “strong-buy” rating in a research report on Wednesday, February 12th.

Croda International Price Performance

The company’s 50-day simple moving average is $20.37 and its 200-day simple moving average is $22.73. The company has a current ratio of 2.72, a quick ratio of 1.67 and a debt-to-equity ratio of 0.26.

Croda International Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, June 12th. Stockholders of record on Friday, April 11th will be issued a dividend of $0.407 per share. The ex-dividend date of this dividend is Friday, April 11th. This is a boost from Croda International’s previous dividend of $0.26.

Croda International Company Profile

Croda International Plc engages in the consumer care, life science, and industrial specialty businesses in in Europe, the Middle East, Africa, North America, Asia, and Latin America. The company offers speciality and active ingredients across beauty care, beauty actives, and home care products, as well as fragrances and flavours.