Molson Coors Beverage (NYSE:TAP.A – Get Free Report) released its quarterly earnings data on Wednesday. The company reported $1.21 EPS for the quarter, Zacks reports.
Molson Coors Beverage Stock Down 8.9%
Shares of TAP.A traded down $4.97 during mid-day trading on Wednesday, reaching $50.96. 609 shares of the stock traded hands, compared to its average volume of 626. Molson Coors Beverage has a 1 year low of $41.10 and a 1 year high of $65.82. The firm has a fifty day moving average price of $49.76 and a 200 day moving average price of $49.47.
About Molson Coors Beverage
Molson Coors Beverage Company is a leading global brewer and beverage company with a diverse portfolio of beer, malt beverages and nonalcoholic offerings. Headquartered in Chicago, Illinois, with regional offices in Golden, Colorado and Toronto, Ontario, the company develops, manufactures and sells a wide range of brands to consumers in North America, Europe and select international markets.
The company traces its roots to the 2005 merger of Molson, Canada’s oldest brewery founded in 1786, and Coors, founded in 1873 in Golden, Colorado.
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