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TAP Crosses Above Key Moving Average Level
By Dividend Channel Staff, Wednesday, December 5, 4:02 PM ET
In trading on Wednesday, shares of Molson Coors Brewing Co. (NYSE:TAP) crossed above their 200 day moving average of $42.31, changing hands as high as $42.37 per share. Molson Coors Brewing Co. shares are currently trading up about 1.4% on the day. The chart below shows the one year performance of TAP shares, versus its 200 day moving average:
Looking at the chart above, TAP's low point in its 52 week range is $37.96 per share, with $46.35 as the 52 week high point — that compares with a last trade of $42.38.
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According to the ETF Finder at ETF Channel, TAP makes up 2.55% of the Dynamic Food & Beverage Portfolio ETF (AMEX:PBJ) which is trading lower by about 0.2% on the day Wednesday.
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