Why Is It Moving? Looking Into Why Boston Beer Co's Stock is Trading Lower Today

Boston Beer Co's Stock Price And Volume Action

Boston Beer Co's SAM stock has been falling Monday, down 4.17% to a price of $1226.88. The stock's volume is currently 113.52 thousand, which is roughly 102.64% of its recent 30-day volume average of 110.60 thousand.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Boston Beer shares are trading lower after Citigroup downgraded the stock from Buy to Neutral and announced a price target of $1395 per share.

Insights On Recent Price Action

The 50-day moving average price of Boston Beer Co's stock was $1150.08 when this article was published. The stock reached a high of $1349.98 and a low of $394.5 in the past 52 weeks.

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