China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY - Get Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $6.91 and traded as low as $6.50. China Resources Beer shares last traded at $6.50, with a volume of 28,699 shares trading hands.
China Resources Beer Trading Down 2.0%
The company has a 50-day simple moving average of $6.90 and a two-hundred day simple moving average of $6.70. 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 disclosed a dividend, which will be paid on Monday, July 14th. Stockholders of record on Monday, May 26th will be paid a dividend of $0.0826 per share. The ex-dividend date of this dividend is Friday, May 23rd. This represents a dividend yield of 2.58%.
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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