Compania Cervecerias Unidas (CCU) Sees Unusually-High Trading Volume
Shares of Compania Cervecerias Unidas (NYSE:CCU) saw an uptick in trading volume on Wednesday . 227,625 shares changed hands during mid-day trading, an increase of 10% from the previous session’s volume of 207,800 shares.The stock last traded at $22.09 and had previously closed at $22.26.
Several research firms have recently issued reports on CCU. Zacks Investment Research lowered shares of Compania Cervecerias Unidas from a “hold” rating to a “sell” rating in a report on Friday, August 19th. TheStreet upgraded shares of Compania Cervecerias Unidas from a “hold” rating to a “buy” rating in a report on Monday, June 6th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $25.00.
The company has a market capitalization of $4.09 billion and a P/E ratio of 21.73. The firm’s 50 day moving average price is $22.87 and its 200 day moving average price is $21.95.
Compania Cervecerias Unidas SA is a beverage company. The Company operates as a brewer, soft drinks producer, water and nectar producer, wine producer and pisco distributor. It also participates in the home and office delivery (HOD), rum and confectionery industries in Chile; in the beer, water and soft drinks industries in Uruguay, and in the soft drinks, water and nectar industries and beer distribution in Paraguay and Bolivia.
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