Diageo (OTCMKTS:DGEAF) Stock Price Down 1.5% – Here’s Why

Diageo plc (OTCMKTS:DGEAFGet Free Report) shares were down 1.5% on Wednesday . The stock traded as low as $24.58 and last traded at $24.6960. Approximately 2,861 shares traded hands during mid-day trading, a decline of 60% from the average daily volume of 7,141 shares. The stock had previously closed at $25.07.

Diageo Trading Down 1.5%

The company’s 50-day simple moving average is $22.44 and its 200-day simple moving average is $24.13.

About Diageo

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Diageo plc is a British multinational beverage alcohol company headquartered in London, England. It is one of the world’s leading producers and distributors of spirits, beer and ready-to-drink beverages. The company’s portfolio spans a range of premium and mainstream brands, with operations that touch on all major aspects of beverage manufacturing, marketing and distribution.

Diageo’s brand lineup includes iconic Scotch whiskies such as Johnnie Walker and Cardhu; global vodka brands like Smirnoff; renowned Irish cream liqueur Baileys; spiced and dark rums under the Captain Morgan label; and the world-famous Guinness stout.

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