Croda International (OTCMKTS:COIHY) Shares Gap Down – Here’s Why

Shares of Croda International PLC Unsponsored ADR (OTCMKTS:COIHY) gapped down before the market opened on Monday . The stock had previously closed at $21.1950, but opened at $19.65. Croda International shares last traded at $19.65, with a volume of 134 shares changing hands.

Analysts Set New Price Targets

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

Croda International Trading Down 3.5%

The company has a 50-day moving average of $19.41 and a 200-day moving average of $18.54. 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.