China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY - Get Free Report)'s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $7.19 and traded as low as $6.79. China Resources Beer shares last traded at $6.83, with a volume of 51,631 shares trading hands.
China Resources Beer Stock Performance
The business has a 50 day moving average of $7.18 and a two-hundred day moving average of $6.78. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.40 and a current ratio of 0.75.
China Resources Beer Cuts Dividend
The company also recently announced a dividend, which will be paid on Monday, July 14th. Investors of record on Monday, May 26th will be issued a $0.0826 dividend. This represents a dividend yield of 2.58%. The ex-dividend date is Friday, May 23rd.
About China Resources Beer
(
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China Resources Beer (Holdings) Company Limited, an investment holding company, manufactures, distributes, and sells beer products in Mainland China. The company offers its products under the Nong Li, Snow, and Jinsha brands. The company was formerly known as China Resources Enterprise, Limited and changed its name to China Resources Beer (Holdings) Company Limited in October 2015.
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