Anheuser-Busch Inbev SA (BUD) : Traders are bullish on Anheuser-Busch Inbev SA (BUD) as it has outperformed the S&P 500 by a wide margin of 2.49% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.31%, 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 0.81% in the last 1 week, and is up 2.35% 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 1.18% and the 50-Day Moving Average is 0.72%.The 200 Day SMA reached 3.45%. Anheuser-Busch InBev SA/NV has dropped 2.63% during the last 3-month period . Year-to-Date the stock performance stands at 3.23%.
Anheuser-Busch Inbev SA (NYSE:BUD): After opening at $126.81, the stock dipped to an intraday low of $126.42 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $127 and the buying power remained strong till the end. The stock closed at $126.76 for the day, a gain of 1.56% for the day session. The total traded volume was 824,604. The stocks close on the previous trading day was $124.81.
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.