CCU Stock Summary and Trading Ideas (United Breweries Co | NYSE:CCU)

United Breweries Co Inc is a multi-category beverage company with operations in Chile, Argentina, Bolivia, Colombia, Paraguay and Uruguay. The company is a player in each one of the beverage categories in which it participates in Chile, including beer, soft drinks, mineral and bottled water, juice, wine, cider and pisco, among others. The Company has three operating segment with respect to its revenues in the geographic areas of commercial activity: Chile; International business and Wine. It generates maximum revenue from Chile.

United Breweries Co trades on the NYSE stock market under the symbol CCU.

As of April 26, 2024, CCU stock price climbed to $12.20 with 70,228 million shares trading.

CCU has a beta of 0.50, meaning it tends to be less sensitive to market movements. CCU has a correlation of 0.08 to the broad based SPY ETF.

CCU has a market cap of $2.25 billion. This is considered a Mid Cap stock.

In the last 3 years, CCU stock traded as high as $21.82 and as low as $9.31.

The top ETF exchange traded funds that CCU belongs to (by Net Assets): FRDM, AVEM, DFAX, AVES, DFEM.

CCU has underperformed the market in the last year with a price return of -20.1% while the SPY ETF gained +26.8%. CCU has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.1% and -3.0%, respectively, while the SPY returned +4.5% and -1.9%, respectively.

CCU support price is $11.81 and resistance is $12.26 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CCU stock will trade within this expected range on the day.