Fevertree Drinks PLC (OTCMKTS:FQVTF – Get Free Report) shot up 2.6% during trading on Wednesday. The company traded as high as $12.6085 and last traded at $12.55. 2,377 shares changed hands during mid-day trading, a decline of 32% from the average daily volume of 3,480 shares. The stock had previously closed at $12.23.
Fevertree Drinks Price Performance
The firm has a 50-day moving average of $11.39 and a 200 day moving average of $11.27.
About Fevertree Drinks
Fever-Tree Drinks plc is a United Kingdom-based beverage company that develops, produces and markets premium mixers for spirits and other drinks. Its portfolio includes tonic waters, ginger beers, ginger ales, sodas, lemonades, cola and other carbonated mixers, generally made with ingredients sourced from around the world.
The company was founded in 2005 by Charles Rolls and Tim Warrillow, who sought to create higher-quality alternatives to conventional mixers. Fever-Tree has built its brand around pairing its products with spirits, particularly gin, while also promoting them for use in cocktails and non-alcoholic beverages.
Fever-Tree sells its products through retail, hospitality and e-commerce channels in the United Kingdom and international markets, including North America, Europe and other regions.
Further Reading
- Five stocks we like better than Fevertree Drinks
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
Receive News & Ratings for Fevertree Drinks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fevertree Drinks and related companies with MarketBeat.com's FREE daily email newsletter.
