Tiger Brands Ltd (OTCMKTS:TBLMY)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $15.63 and traded as low as $14.03. Tiger Brands shares last traded at $14.49, with a volume of 298 shares trading hands.
The firm’s fifty day moving average is $15.25 and its 200 day moving average is $15.59.
About Tiger Brands (OTCMKTS:TBLMY)
Tiger Brands Limited engages in the manufacture and marketing of fast-moving consumer goods primarily in Southern Africa. The company offers baby care products under the Purity, Purity & Elizabeth Anne's, and Purity Pedia Kids brands; and beverages under the Energade, Oros, Hall's, and Rose's brands.
Further Reading: Trading based on a resistance level
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