Fevertree Drinks PLC (OTCMKTS:FQVTF – Get Free Report) traded up 2.6% on Wednesday. The company traded as high as $12.6085 and last traded at $12.55. 2,377 shares traded hands during trading, a decline of 32% from the average session volume of 3,480 shares. The stock had previously closed at $12.23.
Fevertree Drinks Stock Down 0.0%
The firm’s fifty day moving average is $11.42 and its 200-day moving average is $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.
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