Tsingtao Brewery (OTCMKTS:TSGTF – Get Free Report) is expected to be issuing its results after the market closes on Wednesday, October 28th. Analysts expect the company to announce earnings of $0.1449 per share and revenue of $1.26 billion for the quarter.
Tsingtao Brewery Price Performance
TSGTF opened at $4.96 on Monday. The stock’s 50 day moving average price is $5.10 and its 200-day moving average price is $5.72. Tsingtao Brewery has a one year low of $4.55 and a one year high of $7.14.
Analyst Ratings Changes
Separately, The Goldman Sachs Group cut Tsingtao Brewery to a “neutral” rating in a report on Thursday, September 17th. One research analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.
Check Out Our Latest Stock Report on Tsingtao Brewery
Tsingtao Brewery Company Profile
Tsingtao Brewery Co, Ltd. is a Chinese brewing company headquartered in Qingdao, Shandong Province. Established in 1903, the company is one of China’s oldest and best-known beer producers. Its flagship Tsingtao brand is widely recognized in China and international markets.
The company’s principal business is the production, marketing, and distribution of beer. Its portfolio includes Tsingtao Lager and other products spanning mainstream, premium, specialty, and craft-style beer categories.
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