Suntory Beverage & Food (OTCMKTS:STBFY) Shares Up 1.6% – Time to Buy?

Shares of Suntory Beverage & Food Limited (OTCMKTS:STBFYGet Free Report) shot up 1.6% on Friday . The company traded as high as $16.7199 and last traded at $16.67. 25,949 shares changed hands during mid-day trading, a decline of 56% from the average session volume of 58,722 shares. The stock had previously closed at $16.40.

Suntory Beverage & Food Trading Up 1.6%

The business has a fifty day moving average price of $15.52 and a 200 day moving average price of $15.60.

About Suntory Beverage & Food

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Suntory Beverage & Food Co, Ltd. is a leading Japanese non-alcoholic beverage company and a wholly owned subsidiary of Suntory Holdings Limited. The company develops, produces and distributes a wide range of drinks, including bottled water, teas, coffees, carbonated soft drinks and health-oriented beverages. Key home-market brands include Suntory Tennensui natural mineral water, Iyemon green tea and BOSS canned coffee, while its international portfolio features Orangina, Lucozade and Ribena.

Founded as a distinct operating company in 2009 following the transfer of Suntory’s non-alcoholic beverage business, the company traces its roots back to 1899, when founder Shinjirō Torii launched the first Suntory whisky.

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