Tsingtao Brewery (OTCMKTS:TSGTY) Shares Pass Above Fifty Day Moving Average – What’s Next?

Tsingtao Brewery Company Limited (OTCMKTS:TSGTYGet Free Report)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $31.53 and traded as high as $34.31. Tsingtao Brewery shares last traded at $34.31, with a volume of 345 shares traded.

Tsingtao Brewery Stock Performance

The business’s 50-day moving average price is $31.57 and its 200-day moving average price is $33.60.

About Tsingtao Brewery

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Tsingtao Brewery Company Limited, together with its subsidiaries, engages in the production, distribution, wholesale, and retail sale of beer products worldwide. It operates through seven segments: Shandong Region; South China Region; North China Region; East China Region; Southeast China Region; Hong Kong, Macau and Other Overseas Region; and Finance Company.

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