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

Tsingtao Brewery logo with Consumer Staples background
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Tsingtao Brewery Company Limited (OTCMKTS:TSGTY - Get Free Report) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $33.23 and traded as high as $36.15. Tsingtao Brewery shares last traded at $36.15, with a volume of 410 shares trading hands.

Tsingtao Brewery Price Performance

The company's 50 day simple moving average is $33.34 and its 200 day simple moving average is $33.72.

About Tsingtao Brewery

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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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Should You Invest $1,000 in Tsingtao Brewery Right Now?

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