Thai Beverage stock traded close to the $0.70 range around Jan 2016. The stock touched a high of $1.05 in Aug 2016 and yesterday, Thai Beverage stock closed at $0.88 a share, down around 16% from its high in Aug 2016. The stock price is now at its 200-days moving average. Traditionally, if a stock price goes below the 200-days moving average, it will be a down trend for a stock. With a market capitalization of around $22 billion, Thai Beverage stock is one of the billion caps stock on the SGX, together with F&N (market capitalization of around $3 billion which is also related to Thai Beverage in terms of ownership of the company). Beside the two companies, there is only one other company related to beverages in Singapore and that is Dukang Distillers Holdings Limited. Thai Beverage stock is currently trading at 4.698 price ......