Shares of Molson Coors Brewing Company (TAP) Drops by -3.93%

Molson Coors Brewing Company (TAP) : During the past 4 weeks, traders have been relatively bearish on Molson Coors Brewing Company (TAP), hence the stock is down -5.89% 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 -5.34% relative to the S&P 500. The 4-week change in the price of the stock is -1.77% and the stock has fallen -3.93% in the past 1 week. The stock has recorded a 20-day Moving Average of 1.77% and the 50-Day Moving Average is 1.43%.

Molson Coors Brewing Company (NYSE:TAP): The stock opened at $98.96 on Friday but the bulls could not build on the opening and the stock topped out at $99.40 for the day. The stock traded down to $97.47 during the day, due to lack of any buying support eventually closed down at $98.53 with a loss of -0.23% for the day. The stock had closed at $98.76 on the previous day. The total traded volume was 3,047,905 shares.


The company Insiders own 2.53% of Molson Coors Brewing Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -10.02% . Institutional Investors own 79.39% of Molson Coors Brewing Company shares. During last six month period, the net percent change held by insiders has seen a change of -20.12%. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the (Pres & CEO Molson Coors Intl) of Molson Coors Brewing Co, Anand Krishnan had sold 2,260 shares worth of $230,520 in a transaction dated June 1, 2016. In this transaction, 2,260 shares were sold at $102 per share.

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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