China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY - Get Free Report)'s share price 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 changing hands.
China Resources Beer Trading Down 1.0%
The stock has a 50 day moving average of $6.95 and a 200-day moving average of $6.70. The company has a quick ratio of 0.40, a current ratio of 0.75 and a debt-to-equity ratio of 0.03.
China Resources Beer Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Monday, July 14th. Investors of record on Monday, May 26th will be paid a $0.0826 dividend. This represents a 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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