Company Shares of Molson Coors Brewing Company (NYSE:TAP) Rally 1.81%

Molson Coors Brewing Company (NYSE:TAP) has been under a strong bear grip, hence the stock is down -2.66% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.52% in the past 1 week. The stock has risen by 1.81% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.09% in the past 4 weeks.

The company shares have rallied 42.11% from its 1 Year high price. On Jun 10, 2016, the shares registered one year high at $104.15 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $100.55 and the 200 Day Moving Average price is recorded at $94.15.

The stock has recorded a 20-day Moving Average of 2.06% and the 50-Day Moving Average is 3.13%.


Molson Coors Brewing Company (NYSE:TAP): stock turned positive on Friday. Though the stock opened at $101.22, the bulls momentum made the stock top out at $102.66 level for the day. The stock recorded a low of $100.405 and closed the trading day at $102.56, in the green by 2.71%. The total traded volume for the day was 1,566,187. The stock had closed at $99.85 in the previous days trading.

In an insider trading activity, Anand Krishnan, (Pres & CEO Molson Coors Intl) of Molson Coors Brewing Co, unloaded 2,260 shares at an average price of $102 on June 1, 2016. The total amount of the transaction was worth $230,520, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Molson Coors Brewing Company (MCBC) is a holding Company that operates as a brewer. The Company has a portfolio of owned and partner brands, including Carling, Coors Light, Molson Canadian and Staropramen brands, as well as craft and beers, such as Blue Moon, Creemore Springs, Cobra and Sharps Doom Bar. The Company operates in four segments: Molson Coors Canada (MCC or Canada segment), operating in Canada; MillerCoors LLC (MillerCoors or U.S. segment), operating in the United States (U.S.); Molson Coors Europe (Europe segment), operating in Bosnia-Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, Republic of Ireland, Romania, Serbia, Slovakia and the United Kingdom (U.K.), and Molson Coors International (MCI), operating in various other countries.

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