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China Mengniu Dairy (OTCMKTS:CIADY) Shares Gap Up - Still a Buy?

China Mengniu Dairy logo with Consumer Staples background

Key Points

  • China Mengniu Dairy's shares gapped up from a previous close of $18.21 to open at $18.87, with a trading volume of 208 shares.
  • The stock has a quick ratio of 0.83, a current ratio of 0.97, and a debt-to-equity ratio of 0.37, indicating a stable financial position.
  • China Mengniu Dairy operates through multiple segments including Liquid Milk, Ice Cream, Milk Formula, and Cheese, catering to both domestic and international markets.
  • Five stocks we like better than China Mengniu Dairy.

China Mengniu Dairy (OTCMKTS:CIADY - Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $18.21, but opened at $18.87. China Mengniu Dairy shares last traded at $18.87, with a volume of 208 shares trading hands.

China Mengniu Dairy Stock Up 4.0%

The company has a quick ratio of 0.83, a current ratio of 0.97 and a debt-to-equity ratio of 0.37. The business has a fifty day moving average of $20.35 and a 200-day moving average of $22.21.

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.

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