Treasury Wine Estates Ltd. (OTCMKTS:TSRYY – Get Free Report) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 396 shares, a growth of 100.0% from the August 15th total of 198 shares. Based on an average trading volume of 9,877 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.
Treasury Wine Estates Trading Down 0.8%
Shares of TSRYY stock opened at $3.59 on Thursday. Treasury Wine Estates has a 1 year low of $2.25 and a 1 year high of $5.09. The firm’s 50 day moving average is $3.65 and its 200-day moving average is $3.21.
Analyst Ratings Changes
A number of equities research analysts recently commented on the company. The Goldman Sachs Group assumed coverage on Treasury Wine Estates in a research report on Tuesday, June 23rd. They set a “neutral” rating and a $5.20 price target on the stock. Zacks Research upgraded Treasury Wine Estates to a “hold” rating in a research report on Friday, June 5th. Five investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $5.20.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Treasury Wine Estates stock. Ferguson Wellman Capital Management Inc. bought a new position in shares of Treasury Wine Estates Ltd. (OTCMKTS:TSRYY – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 10,000 shares of the company’s stock, valued at approximately $33,000.
About Treasury Wine Estates
Treasury Wine Estates Limited is an Australia-based global wine company that produces, markets and distributes a portfolio of wine brands. Its business spans vineyard management, winemaking, brand development and sales through retail, hospitality and direct-to-consumer channels.
The company’s portfolio includes Penfolds, 19 Crimes, Wolf Blass, Beringer, Lindeman’s, Matua, Sterling Vineyards, Pepperjack and DAOU Family Estates. Its wines cover a range of styles and price points, including premium and luxury offerings as well as more accessible wines.
Treasury Wine Estates serves customers across Australia and New Zealand, the Americas, Europe and Asia.
Recommended Stories
- Five stocks we like better than Treasury Wine Estates
- IonQ and NVIDIA Just Cracked a Major Quantum Computing Bottleneck
- This Gold ETF Turns a Non-Yielding Asset Into Monthly Income—But There’s a Catch
- Analysts See Double-Digit Upside for These 3 Stocks
- 3 Luxury Consumer Brands to Watch in a Beaten-Down Sector
Receive News & Ratings for Treasury Wine Estates Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Treasury Wine Estates and related companies with MarketBeat.com's FREE daily email newsletter.
