China Resources Beer (OTCMKTS:CRHKY) Shares Cross Above 50 Day Moving Average – Should You Sell?

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKYGet Free Report)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $6.29 and traded as high as $6.38. China Resources Beer shares last traded at $6.25, with a volume of 62,845 shares.

China Resources Beer Stock Down 3.8 %

The business has a 50 day moving average of $6.29 and a 200 day moving average of $6.74. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.40 and a current ratio of 0.75.

China Resources Beer Company Profile

(Get Free Report)

China Resources Beer (Holdings) Company Limited, an investment holding company, manufactures, distributes, and sells beer products in Mainland China. The company offers its products under the Nong Li, Snow, and Jinsha brands. The company was formerly known as China Resources Enterprise, Limited and changed its name to China Resources Beer (Holdings) Company Limited in October 2015.

Further Reading

Receive News & Ratings for China Resources Beer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Resources Beer and related companies with MarketBeat.com's FREE daily email newsletter.