Carlsberg A/S (OTCMKTS:CABGY – Get Free Report) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 9,800 shares, an increase of 8.9% from the September 15th total of 9,000 shares. Based on an average daily trading volume, of 229,700 shares, the days-to-cover ratio is currently 0.0 days.
Carlsberg A/S Trading Down 0.5 %
OTCMKTS:CABGY opened at $22.64 on Thursday. The stock has a 50-day simple moving average of $23.22 and a 200 day simple moving average of $25.22. Carlsberg A/S has a 52-week low of $22.23 and a 52-week high of $29.59.
Analysts Set New Price Targets
Separately, Barclays upgraded shares of Carlsberg A/S to a “hold” rating in a research report on Monday, September 30th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold”.
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.
Featured Articles
- Five stocks we like better than Carlsberg A/S
- Differences Between Momentum Investing and Long Term Investing
- Taiwan Semiconductor Stock: Buy Now or Wait for Earnings?
- What is the Shanghai Stock Exchange Composite Index?
- Abbott’s Growth and Dividends Make It a Smart Portfolio Pick
- How to Start Investing in Real Estate
- Citigroup Faces Growing Troubles: Could the Industry Be at Risk?
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.
