Ambev is the largest brewer in Latin America by volume and the fourth- largest beer producer in the world. It produces, distributes, and sells beer and PepsiCo products in Brazil and other Latin American countries. It also owns Argentina's largest brewer, Quinsa. Ambev was formed in 1999 through the merger of Brazil's two largest beverage companies, Brahma and Antarctica. In 2004, Ambev combined with Canadian brewer Labatt, giving Interbrew (now Anheuser-Busch InBev) a controlling interest.
Analyzing fundamentals for ABEV we got that it has average fundamentals where Valuation is considered to be significantly undervalued, Profitability is very wealthy, Growth is good and Health is weak. For more detailed analysis please see ABEV Fundamentals page.
Watching at ABEV technicals we can see that long-term trend is bearish, the same as bearishmiddle-term trend, as well as bearishshort-term trend. More technicals details can be found on ABEV Technicals page.
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