Arx globe and mail stock
You're interested in the stock performance of The Globe and Mail Inc., also known as Arca Continental, S.A.B. de C.V. (ARX).
Here's an overview of the company's stock performance:
Company Overview: Arca Continental, S.A.B. de C.V. is a Mexican company that operates in the beverage industry, primarily focused on the production, distribution, and sale of beer, soft drinks, and other beverages. The company is a subsidiary of Anheuser-Busch InBev, the world's largest brewer.
Stock Performance: As of March 2023, the stock price of Arca Continental (ARX) is around 1,400 pesos per share. Here's a brief overview of the company's stock performance over the past year:
- 1-year return: -12.5%
- 3-year return: -2.5%
- 5-year return: 10.5%
Recent News and Events: Here are some recent news and events that may have impacted the company's stock performance:
- In January 2023, Arca Continental reported a decline in net income for the fourth quarter of 2022, due to higher costs and lower sales volumes.
- In November 2022, the company announced a partnership with a Mexican startup to develop a new line of craft beers.
- In October 2022, Arca Continental launched a new brand of beer in Mexico, targeting the growing demand for craft beers.
Analyst Estimates: Here are some analyst estimates for Arca Continental's stock:
- Average target price: 1,550 pesos per share
- Average rating: Hold
Please note that these estimates and ratings are subject to change and may not reflect the company's actual performance. It's always a good idea to do your own research and consider multiple sources before making any investment decisions.
I hope this information helps!