Thai Beverage Public (OTCMKTS:TBVPY) Shares Down 9.2% – Here’s What Happened
by Sarita Garza · The Markets DailyShares of Thai Beverage Public Company Limited (OTCMKTS:TBVPY – Get Free Report) were down 9.2% during trading on Monday . The company traded as low as $33.46 and last traded at $33.46. Approximately 188 shares changed hands during trading, a decline of 23% from the average daily volume of 244 shares. The stock had previously closed at $36.84.
Thai Beverage Public Stock Performance
The company has a fifty day moving average price of $34.80 and a two-hundred day moving average price of $36.26.
Thai Beverage Public Company Profile
Thai Beverage Public Company Limited, known as ThaiBev, is one of Southeast Asia’s leading beverage companies. Established in 2003, the company is principally engaged in the production, marketing and distribution of alcoholic beverages, non-alcoholic drinks and food products. Its portfolio includes spirits brands such as Mekhong, SangSom and Hong Thong, beer offerings including Chang and Archa, as well as a range of ready-to-drink and non-alcoholic beverages comprising bottled water, juices and green tea.
In addition to its core beverage operations, ThaiBev has diversified interests in packaging, distribution and property.