Tsingtao Brewery (OTCMKTS:TSGTY) Shares Gap Down – What’s Next?

Tsingtao Brewery Co. (OTCMKTS:TSGTYGet Free Report)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $35.39, but opened at $33.76. Tsingtao Brewery shares last traded at $33.76, with a volume of 510 shares changing hands.

Tsingtao Brewery Stock Down 4.6%

The company’s 50 day moving average is $34.33 and its 200-day moving average is $33.18.

About Tsingtao Brewery

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Tsingtao Brewery Company Limited, together with its subsidiaries, engages in the production, distribution, wholesale, and retail sale of beer products worldwide. It operates through seven segments: Shandong Region; South China Region; North China Region; East China Region; Southeast China Region; Hong Kong, Macau and Other Overseas Region; and Finance Company.

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