TSINGTAO BREWER/S (OTCMKTS:TSGTY) Trading Down 3%

TSINGTAO BREWER/S (OTCMKTS:TSGTY)’s stock price dropped 3% on Friday . The stock traded as low as $27.87 and last traded at $27.87, approximately 212 shares were traded during mid-day trading. A decline of 77% from the average daily volume of 915 shares. The stock had previously closed at $28.73.

Separately, ValuEngine lowered shares of TSINGTAO BREWER/S from a “sell” rating to a “strong sell” rating in a research note on Thursday, October 17th.

The firm’s 50 day moving average price is $30.64 and its two-hundred day moving average price is $30.99.

About TSINGTAO BREWER/S (OTCMKTS:TSGTY)

Tsingtao Brewery Company Limited, together with its subsidiaries, engages in the production, distribution, wholesale, and retail sale of beer products worldwide. It operates through seven segments: Shandong Region; South China Region; North China Region; East China Region; Southeast China Region; Hong Kong, Macau and Other Overseas Region; and Finance Company.

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