Tsingtao Brewery (OTCMKTS:TSGTY) Sees Large Volume Increase - Here's What Happened

Key Points

• Tsingtao Brewery shares experienced a significant trading volume increase of 438% on Tuesday, with about 5,032 shares traded compared to just 936 shares the previous session.
• The stock was last priced at $31.50, slightly down from its previous close of $31.70.
• Tsingtao Brewery operates globally, focusing on the production and sale of beer products across various regions including Shandong, South China, and Hong Kong.

Tsingtao Brewery Co. (OTCMKTS:TSGTY - Get Free Report) shares saw an uptick in trading volume on Tuesday . 5,032 shares traded hands during mid-day trading, an increase of 438% from the previous session's volume of 936 shares.The stock last traded at $31.50 and had previously closed at $31.70.

Tsingtao Brewery Price Performance

The business's 50 day moving average is $32.09 and its 200-day moving average is $33.95.

Tsingtao Brewery Company Profile

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.