Carlsberg A/S (OTCMKTS:CABGY) Hits New 12-Month Low – Should You Sell?

Carlsberg A/S (OTCMKTS:CABGY)’s stock price hit a new 52-week low on Monday . The company traded as low as $19.94 and last traded at $20.08, with a volume of 1001879 shares traded. The stock had previously closed at $20.25.

Wall Street Analyst Weigh In

A number of research firms have weighed in on CABGY. BNP Paribas lowered shares of Carlsberg A/S from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Barclays cut shares of Carlsberg A/S from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 14th.

Carlsberg A/S Trading Down 3.5 %

The company has a fifty day moving average of $21.32 and a 200-day moving average of $23.30.

Carlsberg A/S Company Profile

Carlsberg A/S produces and sells beer and other beverage products in Denmark, China, the United Kingdom, and internationally. The company offers core, craft, and specialty beers; soft drinks; and alcohol-free brews under various brands. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.