Becle (OTCMKTS:BCCLF) Stock Falls 3.8% – Time to Sell?

Becle, S.A.B. de C.V. (OTCMKTS:BCCLF – Get Free Report) shares dropped 3.8% during mid-day trading on Thursday. The stock traded as low as $0.75 and last traded at $0.7650. 23,880 shares traded hands during trading, a decline of 9% from the average daily volume of 26,206 shares. The stock had previously closed at $0.7950.

Becle Stock Down 3.8%

The firm has a fifty day moving average of $0.86 and a 200-day moving average of $0.85.

About Becle

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Becle, SAB. de C.V. is a Mexico-based beverage company and one of the world’s major producers of tequila. The company’s principal business is the production, marketing and distribution of distilled spirits, with tequila serving as its core category.

Becle’s portfolio includes well-known tequila brands such as Jose Cuervo, 1800, Gran Centenario and Maestro Dobel. Through its Proximo Spirits operations, the company also markets and distributes other spirits brands, including Kraken rum, Bushmills Irish whiskey and Hangar 1 vodka, among others.

The company traces its tequila-making heritage to 1758, when the Cuervo family began producing tequila in Jalisco, Mexico.

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