Endeavour Group (OTCMKTS:EDVGF) Stock Price Down 19.7% – Here’s What Happened

Shares of Endeavour Group Limited (OTCMKTS:EDVGF – Get Free Report) dropped 19.7% during mid-day trading on Friday. The company traded as low as $1.91 and last traded at $1.91. Approximately 4,629 shares were traded during trading, an increase of 292% from the average daily volume of 1,181 shares. The stock had previously closed at $2.38.

Endeavour Group Price Performance

The business has a 50-day moving average of $2.29 and a 200 day moving average of $2.29.

About Endeavour Group

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Endeavour Group Limited is an Australian beverage alcohol and hospitality company. Its operations include the retailing of wine, beer, spirits and other alcoholic beverages, as well as the ownership and management of hotels and pubs offering food, beverages, entertainment and, where permitted, gaming services.

The company’s retail business operates well-known Australian liquor brands including Dan Murphy’s and BWS, with stores and online sales serving customers across Australia. Through its Pinnacle Drinks business, Endeavour also develops, markets and distributes a portfolio of wine, spirits and other beverage brands.

Endeavour’s hospitality operations are conducted primarily through ALH Hotels, one of Australia’s largest pub operators.

Further Reading

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