Shares of Treasury Wine Estates Ltd. (OTCMKTS:TSRYY – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday after UBS Group downgraded the stock from a strong-buy rating to a hold rating. The stock traded as low as $3.79 and last traded at $3.86, with a volume of 807908 shares trading hands. The stock had previously closed at $4.43.
Treasury Wine Estates Trading Up 0.3%
The business’s 50 day moving average is $4.89 and its two-hundred day moving average is $5.20. The company has a market cap of $3.20 billion and a PE ratio of -25.26.
Treasury Wine Estates Increases Dividend
The business also recently declared a dividend, which was paid on Tuesday, October 14th. Shareholders of record on Friday, August 29th were paid a $0.0393 dividend. This represents a yield of 426.0%. The ex-dividend date was Thursday, August 28th. This is an increase from Treasury Wine Estates’s previous dividend of $0.04. Treasury Wine Estates’s dividend payout ratio is presently -141.03%.
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.
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