Tsingtao Brewery Co. (OTCMKTS:TSGTY – Get Free Report)’s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $32.29 and traded as high as $34.61. Tsingtao Brewery shares last traded at $34.61, with a volume of 152 shares.
Tsingtao Brewery Price Performance
The company’s 50 day moving average price is $32.43 and its two-hundred day moving average price is $32.89.
About Tsingtao Brewery
Tsingtao Brewery Co, Ltd., founded in 1903 and headquartered in Qingdao, Shandong Province, is one of China’s longest-established and most widely recognized beer producers. The company’s core business centers on the brewing, packaging and distribution of beer under its flagship Tsingtao brand, alongside a portfolio of specialty and seasonal brews. Over more than a century of operation, Tsingtao has built a reputation for quality pale lagers and malt beverages, leveraging traditional brewing techniques alongside modern production processes.
In addition to its primary domestic operations, Tsingtao Brewery maintains an extensive export network spanning Asia, North America, Europe and other international markets.
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