Croda International (OTCMKTS:COIHY) Hits New 52-Week Low at $30.57

Posted by Sean Solarzano on Sep 18th, 2023

Croda International Plc (OTCMKTS:COIHY – Get Free Report) shares reached a new 52-week low on Monday . The stock traded as low as $30.57 and last traded at $30.65, with a volume of 15744 shares changing hands. The stock had previously closed at $31.15.

Analysts Set New Price Targets

COIHY has been the topic of a number of research analyst reports. The Goldman Sachs Group cut shares of Croda International from a “buy” rating to a “neutral” rating in a research note on Tuesday, June 6th. Deutsche Bank Aktiengesellschaft reduced their price objective on Croda International from GBX 6,800 ($85.10) to GBX 5,600 ($70.08) in a report on Monday, June 12th. Barclays lowered their target price on Croda International from GBX 6,600 ($82.59) to GBX 6,300 ($78.84) in a research note on Thursday, July 27th. Stifel Nicolaus downgraded Croda International from a “buy” rating to a “hold” rating in a research note on Monday, July 3rd. Finally, Berenberg Bank boosted their price objective on Croda International from GBX 6,600 ($82.59) to GBX 6,800 ($85.10) in a research note on Thursday, July 27th.

View Our Latest Stock Report on COIHY

Croda International Trading Down 1.6 %

The firm has a 50-day simple moving average of $35.46 and a 200-day simple moving average of $37.95. The company has a current ratio of 3.46, a quick ratio of 2.21 and a debt-to-equity ratio of 0.26.

Croda International Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, October 18th. Investors of record on Friday, September 1st will be issued a dividend of $0.2629 per share. The ex-dividend date is Thursday, August 31st.

About Croda International

(Get Free Report)

Croda International Plc engages in fragrances, flavours, and seed enhancement businesses in Europe, the Middle East, Africa, North America, Asia, and Latin America. It operates through Consumer Care, Life Sciences, and Industrial Specialties segments. The company offers fabric care, hard surface cleaning, air care and dishwashing, bio-based, beauty, and personal care related products.