Diageo plc (OTCMKTS:DGEAF – Get Free Report)’s stock price dropped 1% on Tuesday. The company traded as low as $23.39 and last traded at $23.8160. 2,495 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 5,889 shares. The stock had previously closed at $24.0680.
Diageo Trading Up 2.7%
The business has a 50 day simple moving average of $22.61 and a two-hundred day simple moving average of $21.64.
About Diageo
Diageo plc is a global beverage alcohol company headquartered in London, England. The company produces, markets and distributes a broad portfolio of spirits, beer and other alcoholic beverages for consumers worldwide.
Its brands include Johnnie Walker, Crown Royal, Smirnoff, Baileys, Guinness, Captain Morgan, Tanqueray, Don Julio, Casamigos and Ketel One. Diageo’s products span categories such as Scotch whisky, vodka, rum, tequila, gin, liqueurs and stout, and are sold through retail, hospitality and other distribution channels.
Diageo was formed in 1997 through the merger of Grand Metropolitan and Guinness.
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