Carlsberg A/S (OTCMKTS:CABGY) Reaches New 52-Week Low – Time to Sell?

Carlsberg A/S (OTCMKTS:CABGYGet Free Report) shares reached a new 52-week low on Tuesday . The company traded as low as $20.00 and last traded at $20.40, with a volume of 698787 shares. The stock had previously closed at $20.51.

Analyst Upgrades and Downgrades

Separately, Barclays lowered Carlsberg A/S from a “hold” rating to a “strong sell” rating in a report on Thursday, November 14th.

Read Our Latest Report on CABGY

Carlsberg A/S Price Performance

The business has a 50-day simple moving average of $22.55 and a two-hundred day simple moving average of $24.33.

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.

See Also

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.