Tiger Brands Ltd (OTCMKTS:TBLMY) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $14.93 and traded as low as $12.23. Tiger Brands shares last traded at $12.23, with a volume of 471 shares trading hands.
Separately, Citigroup downgraded Tiger Brands from a “neutral” rating to a “sell” rating in a research note on Thursday, January 30th.
The company has a 50 day moving average price of $14.67 and a 200 day moving average price of $14.90.
Tiger Brands Company Profile (OTCMKTS:TBLMY)
Tiger Brands Limited engages in the manufacture and marketing of fast-moving consumer goods primarily in Southern Africa. The company offers baby care products under the Purity, Purity & Elizabeth Anne's, and Purity Pedia Kids brands; and beverages under the Energade, Oros, Hall's, and Rose's brands.
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