China Resources Enterprise (OTCMKTS:CRHKY) Shares Gap Down – Here’s What Happened

China Resources Enterprise Ltd. (OTCMKTS:CRHKYGet Free Report) shares gapped down prior to trading on Friday . The stock had previously closed at $7.03, but opened at $6.74. China Resources Enterprise shares last traded at $7.03, with a volume of 335 shares trading hands.

China Resources Enterprise Trading Down 1.6%

The business has a fifty day moving average of $7.05 and a two-hundred day moving average of $7.00. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.49 and a current ratio of 0.83.

About China Resources Enterprise

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China Resources Enterprise Limited is a Hong Kong–based conglomerate principally engaged in consumer products distribution, retail operations and food and beverage businesses. Established in 1993 as a publicly listed arm of the state-owned China Resources Group, the company has grown into one of the largest integrated consumer companies operating across Mainland China and Hong Kong.

In its retail division, China Resources Enterprise operates the CR Vanguard chain of supermarkets and convenience stores, supplemented by online grocery platforms and membership loyalty programmes.

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