Stock price performance of Molson Coors Brewing Company is analyzed for various periods using several stock trading signals. The stock price have dropped -2.07% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -2.36% . Looking at the past 52 week period, the stock price is up at 11.56% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Molson Coors Brewing Company has a positive value of 1.17 compared to overall market. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 2.2% and the 50-Day Moving Average is 2.31%.The 200 Day SMA reached 4.71%
Molson Coors Brewing Company is having a Relative Strength Index of 51.8 which indicates the stock is not yet over sold or over bought based on the technical indicators. Stocks of Molson Coors Brewing Company (NYSE:TAP) rallied by 1.73% during the past week but lost 2.8% on a 4-week basis. The company has outperformed the S&P 500 by 1.61% in the past week but underperformed the index by 3.66% in the last 4 weeks.
Company has reported several Insider transactions to the SEC, on Nov 25, 2016, Mark Hunter (Pres & CEO) sold 5,851 shares at 100.00 per share price.On Sep 30, 2016, Krishnan Anand (Pres & CEO Molson Coors Intl) sold 13,000 shares at 110.64 per share price.On Sep 8, 2016, Samuel D Walker (Chief People & Legal Officer) sold 5,033 shares at 105.06 per share price.
Molson Coors Brewing Company Last issued its quarterly earnings results on Nov 1, 2016. The company reported $1.03 EPS for the quarter, missing the analyst consensus estimate by $ -0.06. Analyst had a consensus of $1.09. The company had revenue of $947.60 million for the quarter, compared to analysts expectations of $964.37 million. The companys revenue was down -6.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.40 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Molson Coors Brewing Company was Initiated by Credit Suisse on Jan 23, 2017 to Neutral, Price Target of the shares are set at $106.Molson Coors Brewing Company was Reiterated by Stifel on Dec 20, 2016 to Buy, Lowers Price Target to $ 113 from a previous price target of $117 .Molson Coors Brewing Company was Initiated by UBS on Dec 12, 2016 to Neutral, Price Target of the shares are set at $107.
Molson Coors Brewing Company (NYSE:TAP) : On Friday heightened volatility was witnessed in Molson Coors Brewing Company (NYSE:TAP) which led to swings in the share price. The stock opened for trading at $96.62 and hit $97.67 on the upside , eventually ending the session at $97, with a gain of 1.09% or 1.05 points. The heightened volatility saw the trading volume jump to 1,519,722 shares. The 52-week high of the share price is $112.19 and the company has a market cap of $20,842 million. The 52-week low of the share price is at $80.78 .
Molson Coors Brewing Company is worlds fifth-largest global brewer. Molson Coors Brewing Company has 15,000 employees worldwide, 18 breweries, and a broad portfolio of over 40 brands, including Molson Canadian, Coors Light and Carling.