Royal Unibrew A/S (OTCMKTS:ROYUF) Shares Down 12.9% – Here’s What Happened

Shares of Royal Unibrew A/S (OTCMKTS:ROYUF – Get Free Report) dropped 12.9% on Monday. The stock traded as low as $61.00 and last traded at $61.00. 100 shares changed hands during trading, a decline of 67% from the average session volume of 300 shares. The stock had previously closed at $70.00.

Royal Unibrew A/S Price Performance

The firm has a 50 day moving average of $68.35 and a two-hundred day moving average of $68.02.

Royal Unibrew A/S Company Profile

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Royal Unibrew A/S is a Denmark-based beverage company that develops, produces and markets beer, malt beverages, soft drinks, energy drinks, water and other refreshment products. Its portfolio includes international, regional and local brands such as Faxe, Royal, Albani, Ceres, Egekilde, Cido and Lottrup, along with a range of licensed and partner brands in selected markets.

The company serves consumers through retail, hospitality and food-service channels. Royal Unibrew has a strong presence in the Nordic and Baltic countries and also operates in or distributes products across other European markets, including Italy and France, as well as selected international markets.

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