Free Trial

Tsingtao Brewery (OTCMKTS:TSGTY) Shares Gap Down - Should You Sell?

Tsingtao Brewery logo with Consumer Staples background

Tsingtao Brewery Co. (OTCMKTS:TSGTY - Get Free Report) shares gapped down prior to trading on Friday . The stock had previously closed at $33.00, but opened at $30.60. Tsingtao Brewery shares last traded at $30.60, with a volume of 160 shares traded.

Tsingtao Brewery Price Performance

The firm has a 50 day moving average of $34.85 and a two-hundred day moving average of $34.55.

Tsingtao Brewery Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, July 18th. Shareholders of record on Monday, May 26th will be given a $1.3332 dividend. This represents a yield of 3.81%. The ex-dividend date is Friday, May 23rd. This is an increase from Tsingtao Brewery's previous dividend of $1.22.

About Tsingtao Brewery

(Get Free Report)

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.

Recommended Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Tsingtao Brewery Right Now?

Before you consider Tsingtao Brewery, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tsingtao Brewery wasn't on the list.

While Tsingtao Brewery currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA: Another 200% Growth Ahead? (PLUS 2 Companies Riding Along)
3 Rising Stocks You’ll Want on Your Watchlist
Trillions in Defense Spending—3 Disruptive Stocks Set to Double

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines