Diageo plc (DEO) Shares are Up 1.12%

Diageo plc (DEO) : Traders are bullish on Diageo plc (DEO) as it has outperformed the S&P 500 by a wide margin of 0.25% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.61%, 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 1.12% in the last 1 week, and is up 0.12% 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 1.37% and the 50-Day Moving Average is 3.17%.The 200 Day SMA reached 7.89%. Diageo plc is up 7.62% in the last 3-month period. Year-to-Date the stock performance stands at 9.31%.


Diageo plc (NYSE:DEO): After opening at $114.74, the stock dipped to an intraday low of $114.66 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $116.22 and the buying power remained strong till the end. The stock closed at $115.77 for the day, a gain of 2.70% for the day session. The total traded volume was 531,907. The stocks close on the previous trading day was $112.73.

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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