Tsingtao Brewery (OTCMKTS:TSGTY) Shares Gap Up – Still a Buy?

Tsingtao Brewery Co. (OTCMKTS:TSGTYGet Free Report)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $32.3060, but opened at $35.85. Tsingtao Brewery shares last traded at $35.85, with a volume of 172 shares trading hands.

Tsingtao Brewery Price Performance

The stock’s fifty day simple moving average is $33.06 and its 200-day simple moving average is $33.12.

About Tsingtao Brewery

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Tsingtao Brewery Company Limited, together with its subsidiaries, engages in the production, distribution, wholesale, and retail sale of beer products worldwide. It operates through seven segments: Shandong Region; South China Region; North China Region; East China Region; Southeast China Region; Hong Kong, Macau and Other Overseas Region; and Finance Company.

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