Carlsberg AS (OTCMKTS:CABGY) Stock Price Down 0% – Should You Sell?

Carlsberg AS (OTCMKTS:CABGY)’s stock price traded down 0% during trading on Friday . The company traded as low as $25.90 and last traded at $25.9850. 23,660 shares were traded during mid-day trading, a decline of 35% from the average session volume of 36,293 shares. The stock had previously closed at $25.9890.

Analyst Ratings Changes

Separately, UBS Group upgraded Carlsberg AS from a “neutral” rating to a “buy” rating in a report on Wednesday, December 3rd. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Carlsberg AS has a consensus rating of “Moderate Buy”.

Carlsberg AS Price Performance

The business’s 50 day moving average is $24.88 and its 200 day moving average is $25.40. The company has a current ratio of 0.70, a quick ratio of 0.54 and a debt-to-equity ratio of 2.41.

Carlsberg AS Company Profile

Carlsberg A/S is a Danish multinational brewer founded in 1847 and headquartered in Copenhagen. The company is primarily engaged in the brewing, marketing and distribution of beer, cider and related beverages. Its portfolio comprises global and regional beer brands, led by the Carlsberg and Tuborg names, alongside a range of local brands tailored to specific markets. Carlsberg also operates maltings and brewing facilities and provides packaging and logistics services that support its beverage operations.

Carlsberg sells products across Europe and Asia and maintains a presence in numerous other markets through wholly owned subsidiaries, joint ventures and export arrangements.