Croda International (OTCMKTS:COIHY) Sees Strong Trading Volume – Should You Buy?

Croda International PLC Unsponsored ADR (OTCMKTS:COIHY) shares saw unusually-high trading volume on Monday . Approximately 120,178 shares were traded 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.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Jefferies Financial Group downgraded shares of Croda International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 11th. Barclays raised Croda International from a “hold” rating to a “strong-buy” rating in a report on Friday, September 26th. Two analysts have rated the stock with a Strong Buy rating, one has given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Croda International Stock Up 2.1%

The business has a 50-day simple moving average of $18.24 and a two-hundred day simple moving average of $18.32. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.19 and a current ratio of 2.07.

About Croda International

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.