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Carlsberg A/S (OTCMKTS:CABGY) Reaches New 12-Month Low - Time to Sell?

Carlsberg A/S logo with Consumer Staples background

Carlsberg A/S (OTCMKTS:CABGY - Get Free Report)'s share price hit a new 52-week low on Tuesday . The company traded as low as $21.62 and last traded at $21.81, with a volume of 124771 shares traded. The stock had previously closed at $21.69.

Wall Street Analysts Forecast Growth

Separately, Barclays upgraded Carlsberg A/S to a "hold" rating in a research report on Monday, September 30th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, Carlsberg A/S has an average rating of "Hold".

Get Our Latest Research Report on CABGY

Carlsberg A/S Stock Performance

The business has a 50-day moving average price of $23.12 and a 200-day moving average price of $24.84.

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.

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