Free Trial

China Mengniu Dairy (OTCMKTS:CIADY) Shares Down 1.8% - Here's What Happened

China Mengniu Dairy logo with Consumer Staples background

China Mengniu Dairy Company Limited (OTCMKTS:CIADY - Get Free Report) fell 1.8% on Tuesday . The stock traded as low as $22.84 and last traded at $22.97. 653 shares changed hands during trading, a decline of 90% from the average session volume of 6,488 shares. The stock had previously closed at $23.39.

China Mengniu Dairy Trading Down 0.4%

The business has a 50-day simple moving average of $23.83 and a 200-day simple moving average of $22.67. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.99 and a quick ratio of 0.83.

China Mengniu Dairy Company Profile

(Get Free Report)

China Mengniu Dairy Company Limited, an investment holding company, engages in the manufacture and distribution of dairy products under the MENGNIU brand in the People's Republic of China and internationally. It operates through Liquid Milk Business, Ice Cream Business, Milk Formula Business, and Cheese Business, and Other segments.

Read More

Should You Invest $1,000 in China Mengniu Dairy Right Now?

Before you consider China Mengniu Dairy, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and China Mengniu Dairy wasn't on the list.

While China Mengniu Dairy currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Beginner's Guide to Investing in Cannabis Cover

Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Palantir at All-Time Highs: Take Profits or Hold the Line?
3 Tech Stocks Insiders Are Buying: Speculative Plays for June
3 Defense Stocks Set to Crush the S&P This Summer

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines