Croda International (OTCMKTS:COIHY) Sees Strong Trading Volume – Here’s What Happened

Croda International PLC Unsponsored ADR (OTCMKTS:COIHY) saw unusually-high trading volume on Monday . Approximately 120,178 shares changed hands during trading, an increase of 846% from the previous session’s volume of 12,698 shares.The stock last traded at $18.6834 and had previously closed at $18.04.

Analysts Set New Price Targets

A number of research firms have recently commented on COIHY. Barclays upgraded Croda International from a “hold” rating to a “strong-buy” rating in a report on Friday, September 26th. Jefferies Financial Group lowered Croda International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 11th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Croda International Price Performance

The company has a debt-to-equity ratio of 0.23, a current ratio of 2.07 and a quick ratio of 1.19. The company’s 50-day simple moving average is $18.24 and its 200-day simple moving average is $18.32.

Croda International Company Profile

Croda International plc is a UK-based specialty chemicals company headquartered in East Yorkshire, England. Established in 1925, Croda has built a global reputation for developing and manufacturing high-performance ingredients derived primarily from natural oils and renewable resources. The company’s research-driven approach has enabled it to innovate across a wide range of sectors, delivering solutions that combine efficacy, sustainability and compliance with stringent regulatory standards.

Croda’s operations are organized around three core segments: Personal Care, Life Sciences and Performance Technologies.