China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $6.99 and traded as low as $6.18. China Resources Beer shares last traded at $6.44, with a volume of 30,661 shares traded.
China Resources Beer Price Performance
The stock has a 50 day moving average of $6.99 and a 200 day moving average of $6.71. The company has a quick ratio of 0.40, a current ratio of 0.75 and a debt-to-equity ratio of 0.03.
China Resources Beer Cuts Dividend
The business also recently announced a dividend, which will be paid on Monday, July 14th. Shareholders of record on Monday, May 26th will be paid a $0.0826 dividend. The ex-dividend date is Friday, May 23rd. This represents a yield of 2.58%.
About China Resources Beer
China Resources Beer (Holdings) Company Limited, an investment holding company, manufactures, distributes, and sells beer products in Mainland China. The company offers its products under the Nong Li, Snow, and Jinsha brands. The company was formerly known as China Resources Enterprise, Limited and changed its name to China Resources Beer (Holdings) Company Limited in October 2015.
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