Carlsberg A/S (OTCMKTS:CABGY) Hits New 1-Year Low – Here’s What Happened

by · The Cerbat Gem

Carlsberg A/S (OTCMKTS:CABGY – Get Free Report) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $21.75 and last traded at $21.76, with a volume of 71448 shares changing hands. The stock had previously closed at $22.64.

Wall Street Analyst Weigh In

Separately, Barclays raised Carlsberg A/S to a “hold” rating in a research note on Monday, September 30th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Check Out Our Latest Stock Analysis on Carlsberg A/S

Carlsberg A/S Stock Up 0.2 %

The business has a fifty day moving average of $23.16 and a 200 day moving average of $24.90.

About Carlsberg A/S

(Get Free Report)

Carlsberg A/S produces and sells beer and other beverage products in Denmark, China, the United Kingdom, and internationally. The company offers core, craft, and specialty beers; soft drinks; and alcohol-free brews under various brands. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.

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