Shares of Molson Coors Beverage (NYSE:TAP.A – Get Free Report) fell 4.1% on Wednesday . The company traded as low as $48.79 and last traded at $46.7850. 25 shares changed hands during trading, a decline of 96% from the average session volume of 676 shares. The stock had previously closed at $48.79.
Molson Coors Beverage Stock Performance
The business has a 50-day moving average of $50.01 and a two-hundred day moving average of $48.75.
Molson Coors Beverage (NYSE:TAP.A – Get Free Report) last issued its quarterly earnings results on Wednesday, February 18th. The company reported $1.21 earnings per share for the quarter. The business had revenue of $2.66 billion during the quarter.
About Molson Coors Beverage
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.
Featured Stories
Receive News & Ratings for Molson Coors Beverage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Molson Coors Beverage and related companies with MarketBeat.com's FREE daily email newsletter.
