Constellation Brands Inc (STZ) Shares are Up 1.49%

Constellation Brands Inc (STZ) : Traders are bullish on Constellation Brands Inc (STZ) as it has outperformed the S&P 500 by a wide margin of 0.45% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.44%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.49% in the last 1 week, and is up 1.48% 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 0.9% and the 50-Day Moving Average is 3.32%. Constellation Brands Inc (NYSE:STZ): stock turned positive on Friday. Though the stock opened at $165.23, the bulls momentum made the stock top out at $165.96 level for the day. The stock recorded a low of $164.82 and closed the trading day at $165.51, in the green by 0.22%. The total traded volume for the day was 740,637. The stock had closed at $165.14 in the previous days trading.


The company Insiders own 10.63% of Constellation Brands Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -17.58% . Institutional Investors own 76.42% of Constellation Brands Inc shares. During last six month period, the net percent change held by insiders has seen a change of -13.95%.

Constellation Brands, Inc. is an international beverage alcohol company. The Companys operating segments include Beer, Wine and Spirits and Corporate Operations and Other. The Companys wine portfolio is complemented by select spirits brands and other select beverage alcohol products. It is a multi-category supplier (beer, wine and spirits) of beverage alcohol in the United States. The Companys customers include wholesale distributors, retailers, on premise locations and government alcohol beverage control agencies. In the United States, the Company operates 19 wineries using varieties of grapes grown in the Napa, Sonoma, Monterey and San Joaquin regions of California. It also operates eight wineries in Canada, four wineries in New Zealand and five wineries in Italy. The Companys Canadian whisky requirements are produced and aged at its Canadian distillery in Lethbridge, Alberta.

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