Molson Coors Beverage (NYSE:TAP.A) Trading 2.6% Higher – Should You Buy?

Molson Coors Beverage (NYSE:TAP.AGet Free Report)’s stock price rose 2.6% on Friday . The company traded as high as $58.99 and last traded at $58.99. Approximately 1,845 shares traded hands during mid-day trading, an increase of 100% from the average daily volume of 924 shares. The stock had previously closed at $57.50.

Molson Coors Beverage Trading Up 2.1 %

The stock’s fifty day moving average price is $57.58 and its 200-day moving average price is $59.21.

Molson Coors Beverage (NYSE:TAP.AGet Free Report) last issued its earnings results on Tuesday, August 6th. The company reported $1.92 EPS for the quarter. The business had revenue of $3.25 billion during the quarter.

About Molson Coors Beverage

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Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers flavored malt beverages including hard seltzers, craft, and ready to drink beverages. It provides its products under Aspall Cider, Blue Moon, Coors Original, Hop Valley brands, Leinenkugel's, Miller Genuine Draft, Molson Ultra, Sharp's, Staropramen, and Vizzy Hard Seltzer above premier brands; Bergenbier, Borsodi, Carling, Coors Banquet, Coors Light, Jelen, Kamenitza, Miller Lite, Molson Canadian Lager, Molson Dry, Molson Export, and Niksicko, Ozujsko under the premium brands; and Branik, Icehouse, Keystone, Miller High Life, Milwaukee's Best, and Steel Reserve under the economy brands.

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