Anheuser-Busch Inbev SA (BUD) has been under a strong bear grip, hence the stock is down -0.42% 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 1.83% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.89% in the last 1 week, and is up 0.61% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 1.02% and the 50-Day Moving Average is 0.06%. Anheuser-Busch Inbev SA (NYSE:BUD): stock turned positive on Friday. Though the stock opened at $125.83, the bulls momentum made the stock top out at $126.29 level for the day. The stock recorded a low of $125.63 and closed the trading day at $126.19, in the green by 1.28%. The total traded volume for the day was 1,283,085. The stock had closed at $124.6 in the previous days trading.
The company Insiders own 4.5% of Anheuser-Busch Inbev SA shares according to the proxy statements. Institutional Investors own 5.6% of Anheuser-Busch Inbev SA shares. Also, Susquehanna downgrades its rating on Anheuser-Busch Inbev SA (NYSE:BUD). Analysts at the Susquehanna have a current rating of Neutral on the shares. The shares were previously rated Positive. The rating by the firm was issued on August 1, 2016.
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.