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

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

Wall Street Analysts Forecast Growth

Separately, Barclays raised Carlsberg A/S to a “hold” rating in a research report on Monday, September 30th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, Carlsberg A/S currently has an average rating of “Hold”.

Read Our Latest Stock Report on Carlsberg A/S

Carlsberg A/S Price Performance

The company has a 50 day moving average of $23.16 and a 200 day moving average of $24.90.

Carlsberg A/S Company Profile

(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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