Carlsberg A/S (OTCMKTS:CABGY - Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $29.18 and last traded at $28.91, with a volume of 30005 shares traded. The stock had previously closed at $28.70.
Analyst Upgrades and Downgrades
Several research firms have issued reports on CABGY. Hsbc Global Res downgraded shares of Carlsberg A/S from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 7th. Berenberg Bank upgraded shares of Carlsberg A/S to a "strong-buy" rating in a research note on Wednesday, April 2nd. Finally, Royal Bank of Canada upgraded shares of Carlsberg A/S from a "sector perform" rating to an "outperform" rating in a research note on Friday, March 14th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold".
Get Our Latest Report on CABGY
Carlsberg A/S Stock Up 0.7%
The firm's 50 day moving average price is $26.68 and its two-hundred day moving average price is $23.36. The company has a quick ratio of 0.46, a current ratio of 0.57 and a debt-to-equity ratio of 0.89.
Carlsberg A/S Increases Dividend
The company also recently announced a dividend, which was paid on Thursday, March 27th. Stockholders of record on Wednesday, March 19th were paid a $0.7593 dividend. The ex-dividend date was Wednesday, March 19th. This is an increase from Carlsberg A/S's previous dividend of $0.53.
About Carlsberg A/S
(
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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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