TSINGTAO BREWER/S (OTCMKTS:TSGTY)’s share price was down 4.5% during trading on Wednesday . The stock traded as low as $30.49 and last traded at $30.49, approximately 272 shares traded hands during mid-day trading. A decline of 47% from the average daily volume of 509 shares. The stock had previously closed at $31.91.

Separately, ValuEngine cut shares of TSINGTAO BREWER/S from a “sell” rating to a “strong sell” rating in a report on Thursday, October 17th.

The company has a fifty day moving average price of $30.92 and a two-hundred day moving average price of $30.97.

TSINGTAO BREWER/S (OTCMKTS:TSGTY) last released its quarterly earnings results on Tuesday, October 29th. The company reported $0.50 EPS for the quarter. The firm had revenue of $1.19 billion for the quarter. Analysts anticipate that TSINGTAO BREWER/S will post 0.94 EPS for the current year.


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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