Diageo plc (NYSE:DEO) has risen sharply, recording gains of 7.81% in the past 4 weeks. However, the stock has corrected -0.8% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 6.1% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The company shares have dropped -5.39% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $122.21 and the one year low was seen on Jun 14, 2016. The 50-Day Moving Average price is $108.18 and the 200 Day Moving Average price is recorded at $107.37.
The stock has recorded a 20-day Moving Average of 5.02% and the 50-Day Moving Average is 4.19%.
Diageo plc (NYSE:DEO): On Fridays trading session , Opening price of the stock was $112.2 with an intraday high of $113.35. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $112.15. However, the stock managed to close at $112.8, a loss of 0.74% for the day. On the previous day, the stock had closed at $113.64. The total traded volume of the day was 1,336,493 shares.
Diageo plc (Diageo) is a drinks business company. The Company is a provider of beverage alcohol of various brands in spirits, beer and wine. The Company produces its brands from more than 200 sites in over 30 countries. Diageo owns manufacturing production facilities across the globe, including maltings, distilleries, breweries, packaging plants, maturation warehouses, cooperages, vineyards, wineries and distribution warehouses. Diageos brands are also produced at plants owned and operated by third parties and joint ventures at a number of locations around the world. Its geographical segments are North America, Europe, Africa, Latin America and Caribbean, Asia Pacific and Corporate. It offers products under various brands, including Johnnie Walker, Smirnoff, Captain Morgan, Baileys, Tanqueray, Guinness, Crown Royal, Yeni Raki, JeB, Buchanans, Bundaberg, Ypioca, Cacique, Windsor, Bells, JeB, Grand Old Parr, Shui Jing Fang, Ciroc and Bulleit Bourbon, among others.