Finance

Which stock will you Buy? Molson Coors Brewing Company (NYSE:TAP)

Molson Coors Brewing Company (NYSE:TAP), closed the last trading session at $53.51 with decrease of $-0.969999999999999 or -1.78 percent against the opening price of $54.48. The trading day volume of the company stands at 1.28 Million shares while the average trading volume of Molson Coors Brewing Company (NYSE:TAP) is 1.65 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 217.49 Million.

The price target of Molson Coors Brewing Company (NYSE:TAP) is currently set at 56.93 by the analysts. The stock is $-20.42 Below its 1-Year High which is $67.24. TAP hit its 1-Year low price of $49.92. The company is currently rated by analyst who are keeping a close eye on the stock as 2.8. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Performance Indicators of Molson Coors Brewing Company (NYSE:TAP)

The value of the stock increased by 1.5% during the previous week performance. Looking at the 1 month performance of Molson Coors Brewing Company (NYSE:TAP), the stock dipped -3.6%. While the 1 year performance shows a negative percentage of -14.59 and year to date performance stands at -4.72%.

Molson Coors Brewing Company (NYSE:TAP) Analytical Review

The stock needs to grow about $3.42 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are -4.17%, -3.75% and -6.96 percent respectively. The stock trades about 6.42 percent of its Float giving its total shares Outstanding are 217.49 Million. TAP gained about -8.75 percent in 6 months showing its Average True Range of 1.31. The company currently has a RSI and Beta of 39.37 and 0.77.

While talking about Molson Coors Brewing Company (NYSE:TAP) valuation ratios, the stock trades with a P/S and P/B of 1.11 and 0.88 which is significantly better and attractive as compared to its peers.