Croda International (OTCMKTS:COIHY) Sees Unusually-High Trading Volume – Time to Buy?

Croda International PLC Unsponsored ADR (OTCMKTS:COIHY) shares saw unusually-high trading volume on Monday . Approximately 12,158 shares changed hands during mid-day trading, an increase of 97% from the previous session’s volume of 6,176 shares.The stock last traded at $18.22 and had previously closed at $18.43.

Wall Street Analysts Forecast Growth

COIHY has been the topic of a number of recent analyst reports. Barclays raised shares of Croda International from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 26th. Jefferies Financial Group lowered shares of Croda International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 11th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Croda International has a consensus rating of “Hold”.

Croda International Stock Performance

The stock’s 50-day moving average is $18.34 and its 200-day moving average is $18.40. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.19 and a current ratio of 2.07.

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.