Diageo (OTCMKTS:DGEAF) Stock Jumps 1.5% – Should You Buy?

Diageo plc (OTCMKTS:DGEAF – Get Free Report) was up 1.5% during mid-day trading on Tuesday. The stock traded as high as $22.92 and last traded at $22.83. 2,066 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 6,155 shares. The stock had previously closed at $22.4940.

Diageo Stock Up 1.5%

The company’s fifty day moving average is $22.55 and its two-hundred day moving average is $21.20.

About Diageo

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Diageo plc is a global beverage alcohol company headquartered in London, United Kingdom. It produces, markets and distributes spirits, beer and other alcoholic beverages through a portfolio of internationally recognized brands.

Its principal brands include Johnnie Walker, Crown Royal and Buchanan’s whiskies; Smirnoff, Cîroc and Ketel One vodkas; Captain Morgan rum; Tanqueray gin; Don Julio tequila; Baileys liqueur; and Guinness stout. The company also offers a range of other spirits, beer and ready-to-drink products across various markets.

Diageo was formed in 1997 through the merger of Grand Metropolitan and Guinness.

Further Reading

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