Becle (OTCMKTS:BCCLF) Trading Up 8.6% – Time to Buy?

Becle, S.A.B. de C.V. (OTCMKTS:BCCLF) was up 8.6% on Friday . The company traded as high as $1.14 and last traded at $1.14. Approximately 1,000 shares traded hands during trading, a decline of 98% from the average daily volume of 41,215 shares. The stock had previously closed at $1.05.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Barclays raised shares of Becle to an “overweight” rating in a report on Tuesday, December 2nd. Santander upgraded Becle to an “outperform” rating in a report on Thursday. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Becle presently has an average rating of “Buy”.

Becle Stock Performance

The stock has a fifty day simple moving average of $1.18 and a 200-day simple moving average of $1.19.

Becle Company Profile

Becle, SAB. de C.V. manufactures and distributes spirits and other distilled beverages in Mexico, the United States, Canada, and internationally. The company offers tequila under the 1800, Jose Cuervo Especial, Jose Cuervo Tradicional, Reserva de la Familia, Gran Centenario, and Maestro Dobel brand names; whiskey, including North American whiskey under the Stranahan’s, Tincup, and Pendleton brands, as well as Irish whiskey under the Bushmills, Proper No.