Ck Hutchison (OTCMKTS:CKHUY) Reaches New 52-Week High – Here’s Why

Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $7.50 and last traded at $7.38, with a volume of 154734 shares. The stock had previously closed at $7.30.

Ck Hutchison Trading Up 1.9%

The company’s 50 day simple moving average is $6.96 and its 200-day simple moving average is $6.64. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.46 and a current ratio of 1.69.

Ck Hutchison Company Profile

CK Hutchison Holdings Limited (OTCMKTS: CKHUY) is a Hong Kong–based multinational conglomerate with diversified operations across ports, retail, telecommunications, infrastructure, property and related services. The group was created in 2015 through the combination of the Cheung Kong and Hutchison Whampoa businesses and is headquartered in Hong Kong. CK Hutchison pursues a strategy of long‑term investment and active portfolio management across multiple capital‑intensive sectors.

The company’s principal activities include global port operations through Hutchison Ports, one of the world’s largest port operators; health and beauty, grocery and related retailing through A.S.