Chow Tai Fook Jewe (CJEWY) Upgraded by Zacks Investment Research to “Buy”

Zacks Investment Research upgraded shares of Chow Tai Fook Jewe (OTCMKTS:CJEWY) from a hold rating to a buy rating in a research report sent to investors on Wednesday morning. They currently have $12.00 target price on the stock.

According to Zacks, “Chow Tai Fook Jewellery Group manufactures and sells jewelry products. The Company sells rings, necklaces, earrings, pendants, bracelets and small statues. It operates primarily in China, Hong Kong, Macau, Taiwan, Malaysia and Singapore. Chow Tai Fook Jewellery Group is headquartered in Central, Hong Kong. “

Chow Tai Fook Jewe (CJEWY) opened at $10.74 on Wednesday. The company has a current ratio of 2.30, a quick ratio of 0.56 and a debt-to-equity ratio of 0.07. Chow Tai Fook Jewe has a 12 month low of $8.31 and a 12 month high of $12.17.

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