China Mengniu Dairy (OTCMKTS:CIADY) Trading 4.9% Higher - Should You Buy?

Key Points

• Shares rose 4.9% to $21.78 on Friday, trading as high as $21.80 but with very light volume of about 1,222 shares (down ~85% from the 8,180 average).
• Technical and liquidity metrics show the stock above its 50-day ($20.87) and 200-day ($19.66) moving averages, with a quick ratio of 0.82, current ratio of 0.94 and debt-to-equity of 0.24.
• Company profile: China Mengniu Dairy is one of China’s largest dairy producers, offering milk, yogurt, ice cream and milk powders under brands like Mengniu, Ambrosial and Yashili.

China Mengniu Dairy (OTCMKTS:CIADY - Get Free Report)'s stock price was up 4.9% on Friday . The company traded as high as $21.80 and last traded at $21.78. Approximately 1,222 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 8,180 shares. The stock had previously closed at $20.7560.

China Mengniu Dairy Price Performance

The stock has a fifty day moving average of $20.87 and a 200-day moving average of $19.66. The company has a quick ratio of 0.82, a current ratio of 0.94 and a debt-to-equity ratio of 0.24.

About China Mengniu Dairy

China Mengniu Dairy Company Limited is one of the largest dairy product manufacturers in China, founded in 1999 and headquartered in Hohhot, Inner Mongolia. The company focuses on the production, processing and sale of a wide range of dairy products, leveraging modern dairy farming practices and vertically integrated operations to maintain quality and food safety standards.

Its product portfolio includes fresh liquid milk, UHT milk, yogurt, ice cream, milk powder and cheese, marketed under well-known brands such as Mengniu, Ambrosial and Yashili (in select segments).

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