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Tsingtao Brewery (OTCMKTS:TSGTY) Stock Passes Above Fifty Day Moving Average - Should You Sell?

Tsingtao Brewery logo with Consumer Staples background

Tsingtao Brewery Company Limited (OTCMKTS:TSGTY - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $33.79 and traded as high as $34.50. Tsingtao Brewery shares last traded at $34.50, with a volume of 194 shares changing hands.

Tsingtao Brewery Stock Performance

The business has a 50-day moving average price of $33.80 and a 200-day moving average price of $32.66.

Tsingtao Brewery Company Profile

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Tsingtao Brewery Company Limited, together with its subsidiaries, engages in the production, distribution, wholesale, and retail sale of beer products worldwide. It operates through seven segments: Shandong Region; South China Region; North China Region; East China Region; Southeast China Region; Hong Kong, Macau and Other Overseas Region; and Finance Company.

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