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

Carlsberg A/S (OTCMKTS:CABGYGet Free Report) shares hit a new 52-week low on Wednesday . The company 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 Analyst Weigh In

Separately, Barclays raised shares of Carlsberg A/S to a “hold” rating in a research note on Monday, September 30th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Get Our Latest Stock Analysis on CABGY

Carlsberg A/S Stock Performance

The stock’s 50 day moving average price is $23.19 and its two-hundred day moving average price is $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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