Shares of Budweiser Brewing Company APAC Limited (OTCMKTS:BDWBF – Get Free Report) traded up 13.3% on Friday. The stock traded as high as $0.7648 and last traded at $0.7648. 200 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 37,833 shares. The stock had previously closed at $0.6751.
Budweiser Brewing Company APAC Stock Up 13.3%
The stock has a fifty day moving average price of $0.75 and a 200-day moving average price of $0.83.
About Budweiser Brewing Company APAC
Budweiser Brewing Company APAC Limited is a beer producer and distributor focused on the Asia-Pacific region. The company is a subsidiary of Anheuser-Busch InBev and operates a portfolio of international, premium, and local beer brands across multiple Asian markets.
Its brand portfolio includes Budweiser, Stella Artois, Corona, Hoegaarden, Beck’s, Michelob ULTRA, Harbin, and other regional brands. The company sells beer through retail, hospitality, entertainment, and e-commerce channels, serving consumers in markets that include China, India, South Korea, Vietnam, and other Asia-Pacific countries.
Budweiser Brewing Company APAC was established as part of Anheuser-Busch InBev’s separation of its Asia-Pacific operations and completed its listing on the Hong Kong Stock Exchange in 2019.
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