Croda International (OTCMKTS:COIHY) Shares Gap Up – Still a Buy?

Croda International PLC Unsponsored ADR (OTCMKTS:COIHY)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $20.3450, but opened at $21.94. Croda International shares last traded at $22.10, with a volume of 312 shares traded.

Analysts Set New Price Targets

Separately, Jefferies Financial Group downgraded shares of Croda International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 11th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Croda International currently has a consensus rating of “Hold”.

Croda International Trading Up 7.9%

The business’s 50 day simple moving average is $19.15 and its 200-day simple moving average is $18.38. The company has a quick ratio of 1.19, a current ratio of 2.07 and a debt-to-equity ratio of 0.23.

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.