Molson Coors Beverage (NYSE:TAP.A – Get Free Report) shot up 8.7% on Friday . The stock traded as high as $45.22 and last traded at $45.00. 280 shares were traded during trading, a decline of 46% from the average session volume of 514 shares. The stock had previously closed at $41.4020.
Molson Coors Beverage Trading Up 8.7%
The company has a 50-day moving average of $44.17 and a two-hundred day moving average of $47.57.
Molson Coors Beverage (NYSE:TAP.A – Get Free Report) last released its earnings results on Thursday, April 30th. The company reported $0.62 earnings per share for the quarter. The company had revenue of $2.35 billion for the quarter.
Molson Coors Beverage Company Profile
Molson Coors Beverage Company is a leading global brewer and beverage company with a diverse portfolio of beer, malt beverages and nonalcoholic offerings. Headquartered in Chicago, Illinois, with regional offices in Golden, Colorado and Toronto, Ontario, the company develops, manufactures and sells a wide range of brands to consumers in North America, Europe and select international markets.
The company traces its roots to the 2005 merger of Molson, Canada’s oldest brewery founded in 1786, and Coors, founded in 1873 in Golden, Colorado.
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