Anheuser-Busch Inbev SA (BUD) : During the past 4 weeks, traders have been relatively bearish on Anheuser-Busch Inbev SA (BUD), hence the stock is down -3.54% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.06% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.55% in the last 1 week, and is up 2.98% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Anheuser-Busch Inbev SA (NYSE:BUD): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $125.13 and $125.05 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $126.37. The buying momentum continued till the end and the stock did not give up its gains. It closed at $126.12, notching a gain of 1.30% for the day. The total traded volume was 1,333,917 . The stock had closed at $124.50 on the previous day.
The stock has recorded a 20-day Moving Average of 0.46% and the 50-Day Moving Average is 0.16%. Anheuser-Busch InBev SA/NV is up 0.09% in the last 3-month period. Year-to-Date the stock performance stands at 2.71%.
Anheuser Busch Inbev SA, formerly Anheuser-Busch InBev SA/NV is a brewing company. The Company produces, markets, distributes and sells a portfolio of approximately 200 beer and other malt beverage brands. The Company operates in seven business segments: North America, Mexico, Latin America North, Latin America South, Europe, Asia Pacific, and Global Export & Holding Companies. The Company also produces and distributes soft drinks, particularly in Latin America, and other near beer products, such as Lime-A-Rita and other Rita family products, in the United States and other countries. The Companys brand portfolio consists of three categories: global brands Budweiser, Corona (except in the United States) and Stella Artois; multi-country brands Becks, Leffe and Hoegaarden, and local brands Bud Light, Michelob, Victoria, Modelo Especial, Negra Modelo, Skol, Brahma, Antarctica, Quilmes, Jupiler, Klinskoye, Sibirskaya Korona, Chernigivske, Cass, Harbin and Sedrin.