Carlsberg A/S (OTCMKTS:CABGY) Reaches New 1-Year Low – What’s Next?

Carlsberg A/S (OTCMKTS:CABGYGet Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $21.75 and last traded at $21.76, with a volume of 71448 shares. The stock had previously closed at $22.64.

Wall Street Analyst Weigh In

Separately, Barclays raised Carlsberg A/S to a “hold” rating in a report on Monday, September 30th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Check Out Our Latest Research Report on CABGY

Carlsberg A/S Trading Down 3.9 %

The stock has a fifty day moving average of $23.19 and a 200-day moving average of $24.95.

About Carlsberg A/S

(Get Free Report)

Carlsberg A/S produces and sells beer and other beverage products in Denmark, China, the United Kingdom, and internationally. The company offers core, craft, and specialty beers; soft drinks; and alcohol-free brews under various brands. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.

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