) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole closed the day up 0.1%. By the end of trading, Molson Coors Brewing Company fell $0.70 (-1.4%) to $47.86 on average volume. Throughout the day, 1,488,815 shares of Molson Coors Brewing Company exchanged hands as compared to its average daily volume of 1,388,100 shares. The stock ranged in price between $47.82-$48.65 after having opened the day at $48.47 as compared to the previous trading day's close of $48.56. Other companies within the Food & Beverage industry that declined today were:
), down 32.9%,
), down 4.1%,
), down 3.8% and
), down 3.2%.
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Molson Coors Brewing Company manufactures and sells beer and other beverage products. Molson Coors Brewing Company has a market cap of $7.7 billion and is part of the consumer goods sector. The company has a P/E ratio of 22.8, above the S&P 500 P/E ratio of 17.7. Shares are up 13.4% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Molson Coors Brewing Company a buy, 2 analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
Molson Coors Brewing Company
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Molson Coors Brewing Company Ratings Report.
On the positive front,
), up 10.8%,
), up 7.4%,
), up 5.8% and
), up 5.1% , were all gainers within the food & beverage industry with
) being today's featured food & beverage industry leader.
- Use our food & beverage section to find industry-relevant news.
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) while those bearish on the food & beverage industry could consider
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