Thai Beverage Public (OTCMKTS:TBVPF) Shares Down 9.5% – What’s Next?

Shares of Thai Beverage Public Company Limited (OTCMKTS:TBVPF) dropped 9.5% on Thursday . The company traded as low as $0.38 and last traded at $0.38. Approximately 39,374 shares changed hands during mid-day trading, a decline of 57% from the average daily volume of 92,357 shares. The stock had previously closed at $0.42.

Thai Beverage Public Price Performance

The firm’s 50-day moving average is $0.39 and its two-hundred day moving average is $0.36.

About Thai Beverage Public

Thai Beverage Public Company Limited, together with its subsidiaries, produces and distributes alcoholic and non-alcoholic beverages, and food products worldwide. It operates through Spirits, Beer, Non-Alcoholic Beverages, and Food segments. The company offers liquor, beer, malt, and yeast products; spirits, including brown spirits, white spirits, herbs, and other products; and non-alcoholic beverages comprising drinking and soda water, electrolyte beverages, energy drinks, green and herbal tea, ready-to-drink coffee, and soft drinks; tea, isotonics, soya drinks, Asian and sparkling drinks, cordials, water, pasteurized milk, UHT milk, sterilized milk, yoghurt, canned milk, pasteurized juice, ready-to-drink juice, ice cream, and cereal bars.