Treasury Wine Estates (OTCMKTS:TSRYY) Sees Unusually-High Trading Volume – Time to Buy?

Treasury Wine Estates Ltd. (OTCMKTS:TSRYY) shares saw an uptick in trading volume on Friday . 712,338 shares traded hands during trading, an increase of 100% from the previous session’s volume of 356,002 shares.The stock last traded at $3.70 and had previously closed at $3.68.

Analyst Ratings Changes

Separately, UBS Group lowered shares of Treasury Wine Estates from a “strong-buy” rating to a “hold” rating in a report on Monday, October 13th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Treasury Wine Estates presently has a consensus rating of “Hold”.

Treasury Wine Estates Stock Performance

The business has a 50 day simple moving average of $4.23 and a 200 day simple moving average of $4.90.

Treasury Wine Estates Company Profile

Treasury Wine Estates Limited operates as a wine company primarily in Australia, New Zealand, Asia, Europe, the United Kingdom, the Middle East, Africa, and the Americas. The company engages in the viticulture and winemaking; and marketing, sale, and distribution of wine. Its wine portfolio includes luxury, premium and commercial wine brands, such as 19 Crimes, Acacia Vineyard, Annie's Lane, Beaulieu Vineyard, Belcreme de Lys, Beringer Vineyards, Blossom Hill, Cavaliere d'Oro, Coldstream Hills, Devil's Lair, EMBRAZEN, Etude, Fifth Leg, Heemskerk, Hewitt Vineyard, Ingoldby, Jamieson's Run, Killawarra, Leo Buring, Lindeman's, Maison de Grand Esprit, Matua, Penfolds, Pepperjack, Rawson's Retreat, Rosemount Estate, Run Riot, Saltram, Samuel Wynn & Co, Secret Stone, Seppelt, Shingle Peak, Sledgehammer, Squealing pig, St Huberts, Stags' Leap Winery, Stellina di Notte, Sterling Vineyards, T'Gallant, The Walking Dead Wine, Wolf Blass, Wynns Coonawarra Estate, and Yellowglen.