Molson Coors Beverage (NYSE:TAP.A – Get Free Report)’s stock price was down 9.8% during trading on Thursday . The company traded as low as $43.50 and last traded at $42.6740. 445 shares traded hands during mid-day trading, a decline of 11% from the average daily volume of 498 shares. The stock had previously closed at $47.32.
Molson Coors Beverage Trading Down 9.8%
The firm’s 50-day moving average is $43.34 and its two-hundred day moving average is $47.13.
Molson Coors Beverage (NYSE:TAP.A – Get Free Report) last posted its earnings results on Thursday, April 30th. The company reported $0.62 earnings per share (EPS) for the quarter. The business had revenue of $2.35 billion during the quarter.
Molson Coors Beverage Company Profile
Molson Coors Beverage Company is a leading global brewer and beverage company with a diverse portfolio of beer, malt beverages and nonalcoholic offerings. Headquartered in Chicago, Illinois, with regional offices in Golden, Colorado and Toronto, Ontario, the company develops, manufactures and sells a wide range of brands to consumers in North America, Europe and select international markets.
The company traces its roots to the 2005 merger of Molson, Canada’s oldest brewery founded in 1786, and Coors, founded in 1873 in Golden, Colorado.
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