Tsingtao Brewery (OTCMKTS:TSGTY) Share Price Passes Below Fifty Day Moving Average - Should You Sell?

Tsingtao Brewery Co. (OTCMKTS:TSGTY - Get Free Report)'s share price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $33.62 and traded as low as $31.35. Tsingtao Brewery shares last traded at $31.97, with a volume of 415 shares.Get Tsingtao Brewery alerts:Tsingtao Brewery Stock PerformanceThe company's 50-day moving average price is $33.62 and its two-hundred day moving average price is $32.89. Tsingtao Brewery Company Profile (Get Free Report)Tsingtao Brewery Co, Ltd., founded in 1903 and headquartered in Qingdao, Shandong Province, is one of China’s longest-established and most widely recognized beer producers. The company’s core business centers on the brewing, packaging and distribution of beer under its flagship Tsingtao brand, alongside a portfolio of specialty and seasonal brews. Over more than a century of operation, Tsingtao has built a reputation for quality pale lagers and malt beverages, leveraging traditional brewing techniques alongside modern production processes. In addition to its primary domestic operations, Tsingtao Brewery maintains an extensive export network spanning Asia, North America, Europe and other international markets.Recommended StoriesFive stocks we like better than Tsingtao BreweryElon Taking SpaceX Public! $100 Pre-IPO Opportunity!How a Family Trust May Be Able To Help Preserve Your WealthA U.S. “birthright” claim worth trillions - activated quietlyExecutive Order 14330: Trump’s Biggest YetIf You Keep Cash In A U.S. Bank Account… Read This NOWThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Tsingtao Brewery Right Now?Before you consider Tsingtao Brewery, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tsingtao Brewery wasn't on the list.While Tsingtao Brewery currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here