Craft Brew Alliance Inc. (NASDAQ:BREW) traded at a new 52-week low today of $8.21. So far today approximately 137,000 shares have been exchanged, as compared to an average 30-day volume of 208,000 shares.
Craft Brew Alliance Inc. (NASDAQ:BREW) has potential upside of 147.9% based on a current price of $8.39 and analysts' consensus price target of $20.80. The stock should run into initial resistance at its 50-day moving average (MA) of $13.31 and subsequent resistance at its 200-day MA of $14.65.
In the past 52 weeks, Craft Brew Alliance Inc. share prices have been bracketed by a current low of $8.21 and a high of $18.75 and is now at $8.39. The 200-day and 50-day moving averages have moved 1.14% lower and 3.6% lower over the past week, respectively.
Craft Brew Alliance Inc.. operates breweries that offers a wide assortment of beers. The Company owns and operates production breweries with adjacent restaurants and pubs in parts of the United States.
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