Shares of Carlsberg A/S (OTCMKTS:CABGY - Get Free Report) rose 2% during trading on Thursday . The company traded as high as $24.27 and last traded at $24.24. Approximately 51,126 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 285,740 shares. The stock had previously closed at $23.77.
Wall Street Analyst Weigh In
CABGY has been the topic of a number of recent research reports. Barclays downgraded shares of Carlsberg A/S from a "hold" rating to a "strong sell" rating in a research note on Thursday, November 14th. BNP Paribas downgraded shares of Carlsberg A/S from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 4th.
Check Out Our Latest Research Report on CABGY
Carlsberg A/S Stock Performance
The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.46 and a current ratio of 0.57. The stock's 50 day moving average price is $20.56 and its 200-day moving average price is $21.73.
About Carlsberg A/S
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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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