Shares of Treasury Wine Estates Limited (OTCMKTS:TSRYF – Get Free Report) rose 4.6% on Thursday. The stock traded as high as $4.00 and last traded at $4.00. 1,000 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 5,183 shares. The stock had previously closed at $3.8250.
Treasury Wine Estates Price Performance
The business has a 50 day moving average price of $3.91 and a 200-day moving average price of $3.33.
About Treasury Wine Estates
Treasury Wine Estates Limited is an Australian wine company headquartered in Melbourne. The company produces, markets and distributes a portfolio of wines across multiple price segments and geographic markets, with operations spanning vineyard management, winemaking, brand development and sales.
Its portfolio includes internationally recognized brands such as Penfolds, Beringer, Wolf Blass, 19 Crimes, Lindeman’s, Pepperjack and Wynns. Treasury Wine Estates sells wines through retail, hospitality and direct-to-consumer channels, serving customers in Australia, New Zealand, the Americas, Europe and Asia.
The company was established in 2011 after Foster’s Group separated its wine and beer businesses.
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