Carlsberg A/S (OTCMKTS:CABGY) Raised to Hold at Barclays

Barclays upgraded shares of Carlsberg A/S (OTCMKTS:CABGY) to a hold rating in a report released on Monday morning, Zacks.com reports.

Carlsberg A/S Price Performance

Shares of OTCMKTS CABGY opened at $23.87 on Monday. The business has a fifty day simple moving average of $23.42 and a 200-day simple moving average of $25.48. Carlsberg A/S has a 12 month low of $22.23 and a 12 month high of $29.59. The company has a quick ratio of 0.52, a current ratio of 0.64 and a debt-to-equity ratio of 1.19.

About Carlsberg A/S

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.