Treasury Wine Estates (OTCMKTS:TSRYY) Shares Down 0.8% – Here’s Why

Shares of Treasury Wine Estates Limited (OTCMKTS:TSRYY) fell 0.8% on Friday . The company traded as low as $5.22 and last traded at $5.27. 139,876 shares traded hands during trading, a decline of 57% from the average session volume of 326,287 shares. The stock had previously closed at $5.31.

Wall Street Analysts Forecast Growth

Separately, Citigroup cut shares of Treasury Wine Estates to a “neutral” rating in a report on Wednesday, April 2nd.

Treasury Wine Estates Trading Down 0.8%

The business’s fifty day simple moving average is $5.37 and its two-hundred day simple moving average is $5.99.

Treasury Wine Estates Company Profile

Treasury Wine Estates Limited operates as a wine company primarily in Australia, New Zealand, Asia, Europe, the United Kingdom, the Middle East, Africa, and the Americas. The company engages in the viticulture and winemaking; and marketing, sale, and distribution of wine. Its wine portfolio includes luxury, premium and commercial wine brands, such as 19 Crimes, Acacia Vineyard, Annie's Lane, Beaulieu Vineyard, Belcreme de Lys, Beringer Vineyards, Blossom Hill, Cavaliere d'Oro, Coldstream Hills, Devil's Lair, EMBRAZEN, Etude, Fifth Leg, Heemskerk, Hewitt Vineyard, Ingoldby, Jamieson's Run, Killawarra, Leo Buring, Lindeman's, Maison de Grand Esprit, Matua, Penfolds, Pepperjack, Rawson's Retreat, Rosemount Estate, Run Riot, Saltram, Samuel Wynn & Co, Secret Stone, Seppelt, Shingle Peak, Sledgehammer, Squealing pig, St Huberts, Stags' Leap Winery, Stellina di Notte, Sterling Vineyards, T'Gallant, The Walking Dead Wine, Wolf Blass, Wynns Coonawarra Estate, and Yellowglen.