Carlsberg A/S (OTCMKTS:CABGY) Hits New 1-Year Low – Should You Sell?

Carlsberg A/S (OTCMKTS:CABGY) shares hit a new 52-week low on Wednesday . The company traded as low as $20.10 and last traded at $20.26, with a volume of 198328 shares trading hands. The stock had previously closed at $20.76.

Analyst Upgrades and Downgrades

Separately, Barclays raised shares of Carlsberg A/S to a “hold” rating in a research note on Monday, September 30th.

Carlsberg A/S Trading Down 0.5 %

The firm has a 50-day moving average of $22.81 and a 200 day moving average of $24.56.

About Carlsberg A/S

Carlsberg A/S produces and sells beer and other beverage products in Denmark, China, the United Kingdom, and internationally. The company offers core, craft, and specialty beers; soft drinks; and alcohol-free brews under various brands. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.