Ck Hutchison (OTCMKTS:CKHUY) Sets New 12-Month High – Still a Buy?

Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY) shares reached a new 52-week high on Thursday . The stock traded as high as $9.39 and last traded at $9.31, with a volume of 33178 shares traded. The stock had previously closed at $9.17.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Ck Hutchison to a “hold” rating in a report on Friday, May 8th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Ck Hutchison Stock Performance

The stock has a 50-day moving average of $8.76 and a 200 day moving average of $8.32. The company has a current ratio of 1.57, a quick ratio of 1.37 and a debt-to-equity ratio of 0.33.

About Ck Hutchison

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.