Molson Coors Beverage (NYSE:TAP.A) Trading Up 0.1% – Here’s Why

Molson Coors Beverage (NYSE:TAP.AGet Free Report)’s stock price was up 0.1% during trading on Thursday . The stock traded as high as $49.28 and last traded at $47.28. Approximately 292 shares traded hands during mid-day trading, a decline of 29% from the average daily volume of 411 shares. The stock had previously closed at $47.25.

Molson Coors Beverage Stock Performance

The stock has a 50 day simple moving average of $46.92 and a two-hundred day simple moving average of $50.53.

Molson Coors Beverage (NYSE:TAP.AGet Free Report) last issued its earnings results on Tuesday, November 4th. The company reported $1.67 EPS for the quarter. The company had revenue of $2.97 billion during the quarter.

About Molson Coors Beverage

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Molson Coors Beverage Company is a leading global brewer and beverage company with a diverse portfolio of beer, malt beverages and nonalcoholic offerings. Headquartered in Chicago, Illinois, with regional offices in Golden, Colorado and Toronto, Ontario, the company develops, manufactures and sells a wide range of brands to consumers in North America, Europe and select international markets.

The company traces its roots to the 2005 merger of Molson, Canada’s oldest brewery founded in 1786, and Coors, founded in 1873 in Golden, Colorado.

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