Asahi Group (OTCMKTS:ASBRF) Shares Up 4.5% – Still a Buy?

Asahi Group Holdings, Ltd. (OTCMKTS:ASBRFGet Free Report)’s stock price rose 4.5% on Wednesday . The company traded as high as $11.10 and last traded at $10.50. Approximately 20,450 shares traded hands during mid-day trading, an increase of 714% from the average daily volume of 2,512 shares. The stock had previously closed at $10.0488.

Asahi Group Stock Performance

The business’s 50-day simple moving average is $11.19 and its 200 day simple moving average is $12.15.

Asahi Group Company Profile

(Get Free Report)

Asahi Group Holdings, Ltd. is a Japan-based beverage and food company best known for its brewing operations, including the flagship Asahi Super Dry beer. The company’s core activities span brewing, soft drinks, distilled spirits and food products. Through its primary operating subsidiaries—Asahi Breweries, Ltd., Asahi Soft Drinks Co, Ltd. and Asahi Food & Healthcare Co, Ltd.—Asahi Group offers a diverse portfolio that includes lagers, craft-style beers, carbonated beverages, juices, ready-to-drink teas and health-oriented food products.

The origins of Asahi Group date back to 1889 when Osaka Beer Co commenced operations in Osaka, Japan.

Further Reading

Receive News & Ratings for Asahi Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Asahi Group and related companies with MarketBeat.com's FREE daily email newsletter.