Thai Beverage Public Company Limited (OTCMKTS:TBVPY – Get Free Report) dropped 14.4% during mid-day trading on Friday. The stock traded as low as $33.24 and last traded at $33.24. Approximately 1,496 shares were traded during mid-day trading, an increase of 648% from the average daily volume of 200 shares. The stock had previously closed at $38.83.
Thai Beverage Public Stock Performance
The firm has a 50 day moving average of $34.07 and a 200-day moving average of $33.67.
Thai Beverage Public Company Profile
Thai Beverage Public Co Ltd. is a Thailand-based beverage company engaged in the production, distribution and marketing of alcoholic and non-alcoholic drinks, as well as food and related hospitality businesses. Its portfolio includes spirits, beer, ready-to-drink beverages, soft drinks, bottled water, tea and food products.
The company’s alcoholic beverage business includes Chang beer and a range of spirits, including Mekhong, SangSom, Hong Thong, Blend 285 and Ruang Khao. Its non-alcoholic and food operations include Oishi-branded beverages and Japanese food businesses, along with other consumer beverage and restaurant offerings marketed through its distribution network.
Thai Beverage was established in 2001 and has grown into one of Thailand’s major beverage producers.
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