Shares of Treasury Wine Estates Limited (OTCMKTS:TSRYF – Get Free Report) rose 4.6% during trading on Thursday. The stock traded as high as $4.00 and last traded at $4.00. Approximately 1,000 shares traded hands during mid-day trading, a decline of 81% from the average session volume of 5,183 shares. The stock had previously closed at $3.8250.
Treasury Wine Estates Trading Up 4.6%
The business’s 50-day simple moving average is $3.91 and its two-hundred day simple moving average is $3.33.
About Treasury Wine Estates
Treasury Wine Estates Limited is an Australian wine company headquartered in Melbourne. The company produces, markets and distributes a portfolio of wines across multiple price segments and geographic markets, with operations spanning vineyard management, winemaking, brand development and sales.
Its portfolio includes internationally recognized brands such as Penfolds, Beringer, Wolf Blass, 19 Crimes, Lindeman’s, Pepperjack and Wynns. Treasury Wine Estates sells wines through retail, hospitality and direct-to-consumer channels, serving customers in Australia, New Zealand, the Americas, Europe and Asia.
The company was established in 2011 after Foster’s Group separated its wine and beer businesses.
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