Tsingtao Brewery Co. (OTCMKTS:TSGTY – Get Free Report) shares saw strong trading volume on Monday . Approximately 4,606 shares traded hands during trading, an increase of 753% from the previous session’s volume of 540 shares.The stock last traded at $26.05 and had previously closed at $25.22.
Analyst Ratings Changes
Separately, Zacks Research cut Tsingtao Brewery from a “hold” rating to a “strong sell” rating in a research report on Monday, August 31st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.
Read Our Latest Analysis on TSGTY
Tsingtao Brewery Stock Performance
About Tsingtao Brewery
Tsingtao Brewery Co, Ltd. is a Chinese beverage company best known for producing and selling beer under the Tsingtao brand. The company offers a range of lagers and other beer products, including its flagship Tsingtao beer and regional brands such as Laoshan. Its portfolio includes products designed for different tastes, occasions and price segments.
The company traces its history to 1903, when the brewery was established in Qingdao, Shandong Province. Tsingtao Brewery has since expanded beyond its original facility through a broader brewing, distribution and sales network serving markets throughout mainland China.
Further Reading
- Five stocks we like better than Tsingtao Brewery
- Can Bloom Energy Pop the Top Off AI’s Massive Energy Bottleneck?
- Coach’s Momentum Powers Tapestry Despite the Stock’s Sharp Pullback
- AI Is Reshaping SaaS—These 2 Software ETFs Offer Different Ways to Play It
- Insiders Signal Deep Value In DICK’s Sporting Goods
Receive News & Ratings for Tsingtao Brewery Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tsingtao Brewery and related companies with MarketBeat.com's FREE daily email newsletter.
