Compania Cervecerias Unidas (CCU) Sees Unusually-High Trading Volume
Shares of Compania Cervecerias Unidas (NYSE:CCU) saw strong 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.
A number of equities analysts have commented on the stock. Zacks Investment Research downgraded shares of Compania Cervecerias Unidas from a “hold” rating to a “sell” rating in a research note on Friday, August 19th. TheStreet upgraded shares of Compania Cervecerias Unidas from a “hold” rating to a “buy” rating in a research note on Monday, June 6th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. Compania Cervecerias Unidas has an average rating of “Hold” and an average price target of $25.00.
The firm has a market capitalization of $4.03 billion and a PE ratio of 21.71. The firm has a 50 day moving average of $22.85 and a 200 day moving average of $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.