Molson Coors Beverage (NYSE:TAP.A – Get Free Report)’s share price traded down 0.6% during mid-day trading on Monday . The stock traded as low as $41.23 and last traded at $41.7050. 288 shares changed hands during trading, a decline of 47% from the average session volume of 546 shares. The stock had previously closed at $41.96.
Molson Coors Beverage Stock Performance
The firm has a 50-day simple moving average of $42.78 and a two-hundred day simple moving average of $44.25.
Molson Coors Beverage (NYSE:TAP.A – Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $1.58 EPS for the quarter. The company had revenue of $3.10 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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