Shares of Tsingtao Brewery Co. (OTCMKTS:TSGTY - Get Free Report) saw unusually-high trading volume on Monday . Approximately 417 shares changed hands during mid-day trading, an increase of 18% from the previous session's volume of 354 shares.The stock last traded at $31.85 and had previously closed at $28.75.
Tsingtao Brewery Trading Up 10.8%
The company's 50-day simple moving average is $32.47 and its 200-day simple moving average is $33.06.
Tsingtao Brewery Company Profile
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Tsingtao Brewery Co, Ltd., founded in 1903 and headquartered in Qingdao, Shandong Province, is one of China’s longest-established and most widely recognized beer producers. The company’s core business centers on the brewing, packaging and distribution of beer under its flagship Tsingtao brand, alongside a portfolio of specialty and seasonal brews. Over more than a century of operation, Tsingtao has built a reputation for quality pale lagers and malt beverages, leveraging traditional brewing techniques alongside modern production processes.
In addition to its primary domestic operations, Tsingtao Brewery maintains an extensive export network spanning Asia, North America, Europe and other international markets.
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