Diageo (OTCMKTS:DGEAF) Stock Price Down 2.4% – Here’s What Happened
by Danessa Lincoln · The Markets DailyDiageo plc (OTCMKTS:DGEAF – Get Free Report) shares fell 2.4% during mid-day trading on Wednesday . The company traded as low as $19.4180 and last traded at $19.89. Approximately 2,210 shares traded hands during mid-day trading, a decline of 59% from the average daily volume of 5,340 shares. The stock had previously closed at $20.38.
Diageo Price Performance
The firm’s 50-day moving average is $20.53 and its 200-day moving average is $21.20.
Diageo Company Profile
Diageo plc is a British multinational beverage alcohol company headquartered in London, England. It is one of the world’s leading producers and distributors of spirits, beer and ready-to-drink beverages. The company’s portfolio spans a range of premium and mainstream brands, with operations that touch on all major aspects of beverage manufacturing, marketing and distribution.
Diageo’s brand lineup includes iconic Scotch whiskies such as Johnnie Walker and Cardhu; global vodka brands like Smirnoff; renowned Irish cream liqueur Baileys; spiced and dark rums under the Captain Morgan label; and the world-famous Guinness stout.