Carlsberg A/S (OTCMKTS:CABGY) Shares Up 2% – Should You Buy?

Carlsberg A/S (OTCMKTS:CABGY) shares were up 2% during mid-day trading on Thursday . The company traded as high as $24.27 and last traded at $24.24. Approximately 51,126 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 285,740 shares. The stock had previously closed at $23.77.

Analyst Ratings Changes

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

Carlsberg A/S Trading Up 2.7 %

The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.46 and a current ratio of 0.57. The company has a 50-day moving average of $20.56 and a 200-day moving average of $21.73.

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.