Diageo (NYSE:DEO) Hits New 1-Year Low at $130.44

Diageo plc (NYSE:DEO) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as $130.44 and last traded at $130.56, with a volume of 173226 shares trading hands. The stock had previously closed at $131.77.

Diageo Stock Performance

The company has a quick ratio of 0.65, a current ratio of 1.58 and a debt-to-equity ratio of 1.73. The company has a 50 day moving average price of $138.07 and a 200-day moving average price of $143.04.

Institutional Investors Weigh In On Diageo

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Scarborough Advisors LLC acquired a new stake in Diageo during the 4th quarter worth approximately $25,000. Planned Solutions Inc. bought a new position in Diageo during the 4th quarter worth $27,000. Beacon Capital Management LLC lifted its holdings in Diageo by 777.3% during the 1st quarter. Beacon Capital Management LLC now owns 193 shares of the company’s stock worth $29,000 after buying an additional 171 shares during the period. Concord Wealth Partners bought a new stake in shares of Diageo in the 1st quarter valued at about $29,000. Finally, Addison Advisors LLC increased its stake in shares of Diageo by 97.3% in the fourth quarter. Addison Advisors LLC now owns 217 shares of the company’s stock valued at $32,000 after buying an additional 107 shares during the period. 8.97% of the stock is owned by institutional investors.

Diageo Company Profile

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products.