Carlsberg A/S (OTCMKTS:CABGY) Sets New 1-Year Low – Here’s Why

Carlsberg A/S (OTCMKTS:CABGYGet Free Report)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as $21.62 and last traded at $21.81, with a volume of 124771 shares traded. The stock had previously closed at $21.69.

Analyst Ratings Changes

Separately, Barclays upgraded shares of Carlsberg A/S to a “hold” rating in a report on Monday, September 30th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Check Out Our Latest Analysis on CABGY

Carlsberg A/S Stock Up 0.6 %

The firm’s fifty day moving average price is $23.12 and its 200 day moving average price is $24.84.

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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