Diageo plc (DEO) Shares are Up 2.2%

Diageo plc (DEO) has been under a strong bear grip, hence the stock is down -0.84% 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 2.27% 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 2.2% in the last 1 week, and is up 2.49% 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 2.58% and the 50-Day Moving Average is 6.23%. Diageo plc is up 7.58% in the last 3-month period. Year-to-Date the stock performance stands at 8.2%.


Diageo plc (NYSE:DEO): On Fridays trading session , Opening price of the stock was $116.46 with an intraday high of $116.94. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $115.54. However, the stock managed to close at $116.54, a loss of 0.38% for the day. On the previous day, the stock had closed at $116.99. The total traded volume of the day was 1,677,923 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.

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