China Mengniu Dairy (OTCMKTS:CIADY – Get Free Report) shares reached a new 52-week high on Wednesday . The stock traded as high as $24.5050 and last traded at $24.5050, with a volume of 327 shares trading hands. The stock had previously closed at $23.19.
China Mengniu Dairy Stock Up 2.9%
The firm’s fifty day simple moving average is $21.55 and its 200 day simple moving average is $21.33. The company has a current ratio of 1.00, a quick ratio of 0.87 and a debt-to-equity ratio of 0.24.
About China Mengniu Dairy
China Mengniu Dairy Company Limited is one of the largest dairy product manufacturers in China, founded in 1999 and headquartered in Hohhot, Inner Mongolia. The company focuses on the production, processing and sale of a wide range of dairy products, leveraging modern dairy farming practices and vertically integrated operations to maintain quality and food safety standards.
Its product portfolio includes fresh liquid milk, UHT milk, yogurt, ice cream, milk powder and cheese, marketed under well-known brands such as Mengniu, Ambrosial and Yashili (in select segments).
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