Tsingtao Brewery (OTCMKTS:TSGTY) Shares Gap Up - What's Next?

Key Points

• Tsingtao Brewery's share price gapped up from $31.36 to $32.50 prior to Thursday trading, with last trades at $32.40 and a volume of 2,819 shares.
• The company has increased its dividend, declaring a payment of $1.3332 per share with a yield of 381.0%, up from the previous dividend of $1.22.
• Tsingtao Brewery operates in the global beer market across seven regions, including various parts of China and overseas markets.

Tsingtao Brewery Co. (OTCMKTS:TSGTY - Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $31.36, but opened at $32.50. Tsingtao Brewery shares last traded at $32.40, with a volume of 2,819 shares traded.

Tsingtao Brewery Price Performance

The company's 50 day moving average is $32.26 and its 200-day moving average is $34.02.

About Tsingtao Brewery

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.