China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY – Get Free Report)’s stock price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $6.37 and traded as low as $5.94. China Resources Beer shares last traded at $6.10, with a volume of 55,994 shares.
China Resources Beer Stock Performance
The company has a debt-to-equity ratio of 0.03, a current ratio of 0.75 and a quick ratio of 0.40. The stock’s 50-day moving average price is $6.37 and its 200-day moving average price is $6.74.
About China Resources Beer
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.
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