Thai Beverage Public (OTCMKTS:TBVPF) Shares Up 8.6% – Still a Buy?

Thai Beverage Public Company Limited (OTCMKTS:TBVPFGet Free Report)’s share price shot up 8.6% during trading on Friday . The stock traded as high as $0.3750 and last traded at $0.3750. Approximately 2,000 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 18,200 shares. The stock had previously closed at $0.3452.

Thai Beverage Public Price Performance

The firm’s fifty day moving average price is $0.34 and its 200-day moving average price is $0.35.

About Thai Beverage Public

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Thai Beverage Public Company Limited (OTCMKTS:TBVPF) is one of Southeast Asia’s largest integrated beverage producers, headquartered in Bangkok, Thailand. The company engages in the manufacturing, marketing and distribution of a diverse portfolio of alcoholic and non-alcoholic beverages. Its product lineup includes beer, spirits, ready-to-drink teas, drinking water, fruit juices and energy drinks, serving both domestic and international markets.

On the alcoholic side, Thai Beverage’s flagship brands include Chang beer and a range of spirits such as Mekhong and SangSom.

Further Reading

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