Tsingtao Brewery Company Limited (OTCMKTS:TSGTF – Get Free Report) crossed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $5.04 and traded as high as $5.2430. Tsingtao Brewery shares last traded at $5.2430, with a volume of 1,850 shares trading hands.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group lowered shares of Tsingtao Brewery to a “neutral” rating in a report on Thursday, September 17th. One investment analyst has rated the stock with a Hold rating. According to MarketBeat, the company currently has a consensus rating of “Hold”.
Read Our Latest Research Report on Tsingtao Brewery
Tsingtao Brewery Stock Up 4.7%
The company has a fifty day moving average of $5.04 and a two-hundred day moving average of $5.87.
About Tsingtao Brewery
Tsingtao Brewery Company Limited is a Chinese brewer headquartered in Qingdao, Shandong Province. Founded in 1903, the company has grown from a regional brewery into one of China’s best-known beer producers.
The company brews, markets and sells beer, including its flagship Tsingtao brand and a range of other beer products. Its business also includes distribution and sales through domestic and international markets.
Tsingtao Brewery serves consumers across China and exports its products to markets around the world.
Featured Articles
- Five stocks we like better than Tsingtao Brewery
- Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
- Franklin Templeton’s New ETFs Turn Stock Dividends Into Bitcoin—What’s the Catch?
- Apple’s Earnings Beat Comes With a Catch for Investors Heading Into the Holidays
- Palantir’s $2.3 Billion Quarter Puts Its Premium Valuation to the Test
Receive News & Ratings for Tsingtao Brewery Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tsingtao Brewery and related companies with MarketBeat.com's FREE daily email newsletter.
