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China Mengniu Dairy (OTCMKTS:CIADY) Trading 0.5% Higher - Should You Buy?

China Mengniu Dairy logo with Consumer Staples background

China Mengniu Dairy Company Limited (OTCMKTS:CIADY - Get Free Report)'s share price was up 0.5% during mid-day trading on Monday . The stock traded as high as $23.47 and last traded at $23.21. Approximately 14,099 shares changed hands during mid-day trading, an increase of 97% from the average daily volume of 7,154 shares. The stock had previously closed at $23.10.

China Mengniu Dairy Stock Up 2.1%

The company has a quick ratio of 0.83, a current ratio of 0.99 and a debt-to-equity ratio of 0.47. The company's fifty day moving average is $24.30 and its 200-day moving average is $22.61.

About China Mengniu Dairy

(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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