China Resources Enterprise Ltd. (OTCMKTS:CRHKY – Get Free Report) shares traded up 5.9% during mid-day trading on Tuesday . The stock traded as high as $7.15 and last traded at $7.15. 9,949 shares were traded during mid-day trading, a decline of 89% from the average session volume of 89,327 shares. The stock had previously closed at $6.7494.
China Resources Enterprise Stock Up 3.0%
The company has a quick ratio of 0.46, a current ratio of 0.82 and a debt-to-equity ratio of 0.04. The firm’s 50 day moving average is $6.70 and its 200-day moving average is $6.87.
China Resources Enterprise Company Profile
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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