China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY - Get Free Report) shares passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $6.99 and traded as low as $6.18. China Resources Beer shares last traded at $6.44, with a volume of 30,661 shares trading hands.
China Resources Beer Price Performance
The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.40 and a current ratio of 0.75. The firm's 50-day simple moving average is $6.97 and its 200-day simple moving average is $6.71.
China Resources Beer Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Monday, July 14th. Stockholders of record on Monday, May 26th will be issued a dividend of $0.0826 per share. This represents a dividend yield of 2.58%. The ex-dividend date of this dividend 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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