Anheuser-Busch Inbev SA (NYSE:BUD) has risen sharply, recording gains of 1.8% in the past 4 weeks. However, the stock has corrected -2.78% 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 0.18% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The company shares have rallied 0.86% from its 1 Year high price. On Apr 19, 2016, the shares registered one year high at $132.91 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $126.72 and the 200 Day Moving Average price is recorded at $122.77.
The stock has recorded a 20-day Moving Average of 1.02% and the 50-Day Moving Average is 1.27%.
Anheuser-Busch Inbev SA (NYSE:BUD): stock turned positive on Friday. Though the stock opened at $127.77, the bulls momentum made the stock top out at $128.25 level for the day. The stock recorded a low of $127.13 and closed the trading day at $127.75, in the green by 0.44%. The total traded volume for the day was 972,376. The stock had closed at $127.19 in the previous days trading.
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.