Carlsberg A/S (OTCMKTS:CABGY) Sets New 12-Month Low – Here’s What Happened

Shares of Carlsberg A/S (OTCMKTS:CABGYGet Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $18.70 and last traded at $19.35, with a volume of 145805 shares trading hands. The stock had previously closed at $19.18.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. BNP Paribas downgraded Carlsberg A/S from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Barclays cut Carlsberg A/S from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 14th.

View Our Latest Report on Carlsberg A/S

Carlsberg A/S Price Performance

The company’s fifty day moving average is $21.08 and its 200-day moving average is $23.09.

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.

Further Reading

Receive News & Ratings for Carlsberg A/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carlsberg A/S and related companies with MarketBeat.com's FREE daily email newsletter.