Molson Coors Beverage (NYSE:TAP.A) Posts Quarterly Earnings Results

Molson Coors Beverage (NYSE:TAP.A) issued its earnings results on Thursday. The company reported $0.62 earnings per share (EPS) for the quarter, Zacks reports.

Molson Coors Beverage Stock Performance

Shares of TAP.A traded up $0.76 during mid-day trading on Thursday, hitting $45.70. The stock had a trading volume of 427 shares, compared to its average volume of 537. Molson Coors Beverage has a 52 week low of $41.10 and a 52 week high of $59.90. The business has a fifty day moving average price of $48.14 and a 200-day moving average price of $48.34.

About Molson Coors Beverage

Molson Coors Beverage Company is a leading global brewer and beverage company with a diverse portfolio of beer, malt beverages and nonalcoholic offerings. Headquartered in Chicago, Illinois, with regional offices in Golden, Colorado and Toronto, Ontario, the company develops, manufactures and sells a wide range of brands to consumers in North America, Europe and select international markets.

The company traces its roots to the 2005 merger of Molson, Canada’s oldest brewery founded in 1786, and Coors, founded in 1873 in Golden, Colorado.