China Mengniu Dairy (OTCMKTS:CIADY) Trading Down 1.1% - Time to Sell?

Key Points

• China Mengniu Dairy's shares fell 1.1% to close at $18.56, with a trading volume decline of 29% from the average session volume.
• The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.83, and a current ratio of 0.97, indicating its financial health.
• China Mengniu Dairy engages in manufacturing and distributing dairy products internationally under the MENGNIU brand, with multiple business segments including Liquid Milk and Ice Cream.

Shares of China Mengniu Dairy (OTCMKTS:CIADY - ) fell 1.1% on Wednesday . The company traded as low as $18.40 and last traded at $18.56. 2,767 shares were traded during trading, a decline of 29% from the average session volume of 3,885 shares. The stock had previously closed at $18.77.

China Mengniu Dairy Stock Down 1.1%

The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.83 and a current ratio of 0.97. The business has a 50-day moving average price of $20.42 and a two-hundred day moving average price of $22.25.

About China Mengniu Dairy

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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