Carlsberg A/S (OTCMKTS:CABGY) Reaches New 1-Year Low – Should You Sell?

Shares of Carlsberg A/S (OTCMKTS:CABGYGet Free Report) reached a new 52-week low during trading on Friday . The stock traded as low as $18.47 and last traded at $18.47, with a volume of 329075 shares changing hands. The stock had previously closed at $18.92.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. BNP Paribas cut shares of Carlsberg A/S from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Barclays downgraded Carlsberg A/S from a “hold” rating to a “strong sell” rating in a report on Thursday, November 14th.

Read Our Latest Research Report on Carlsberg A/S

Carlsberg A/S Price Performance

The company has a 50-day simple moving average of $20.08 and a two-hundred day simple moving average of $22.37.

About Carlsberg A/S

(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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