Budweiser Brewing Company APAC (OTCMKTS:BDWBF) Shares Up 3% – Still a Buy?

Budweiser Brewing Company APAC Limited (OTCMKTS:BDWBFGet Free Report)’s stock price shot up 3% during trading on Thursday . The stock traded as high as $1.1060 and last traded at $1.1060. 818 shares were traded during mid-day trading, a decline of 93% from the average session volume of 11,162 shares. The stock had previously closed at $1.0743.

Analyst Ratings Changes

Separately, Sanford C. Bernstein downgraded Budweiser Brewing Company APAC to a “market perform” rating in a research report on Friday, August 22nd. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Read Our Latest Stock Report on BDWBF

Budweiser Brewing Company APAC Trading Up 3.0%

The company’s 50-day moving average price is $1.07 and its 200 day moving average price is $1.07.

Budweiser Brewing Company APAC Company Profile

(Get Free Report)

Budweiser Brewing Company APAC Limited, an investment holding company, produces, imports, markets, distributes, and sells beer and other non-beer beverages primarily in China, South Korea, India, Vietnam, and the other Asia Pacific regions. It offers a portfolio of beer brands, including Budweiser, Stella Artois, Corona, Hoegaarden, Cass, and Harbin.

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