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Tsingtao Brewery (OTCMKTS:TSGTY) Shares Gap Up - Here's What Happened

Tsingtao Brewery logo with Consumer Staples background

Key Points

  • Tsingtao Brewery's stock price gapped up significantly from $30.50 to $34.50 prior to trading on Friday, with a trading volume of 107 shares.
  • The company's fifty-day and two-hundred-day simple moving averages are $31.82 and $33.66 respectively, indicating potential upward momentum.
  • Tsingtao Brewery operates in seven segments across various regions, focused on the production, distribution, and sale of beer products worldwide.
  • Interested in Tsingtao Brewery? Here are five stocks we like better.

Tsingtao Brewery Co. (OTCMKTS:TSGTY - Get Free Report)'s stock price gapped up prior to trading on Friday . The stock had previously closed at $30.50, but opened at $34.50. Tsingtao Brewery shares last traded at $34.50, with a volume of 107 shares changing hands.

Tsingtao Brewery Price Performance

The company's fifty day simple moving average is $31.82 and its 200 day simple moving average is $33.66.

Tsingtao Brewery Company Profile

(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.

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