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China Resources Beer (OTCMKTS:CRHKY) Stock Price Passes Above Fifty Day Moving Average - What's Next?

China Resources Beer logo with Multi-Sector Conglomerates background

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY - Get Free Report)'s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $6.98 and traded as high as $7.45. China Resources Beer shares last traded at $7.37, with a volume of 60,391 shares.

China Resources Beer Price Performance

The company has a debt-to-equity ratio of 0.03, a current ratio of 0.75 and a quick ratio of 0.40. The stock has a fifty day simple moving average of $7.02 and a two-hundred day simple moving average of $6.87.

China Resources Beer Company Profile

(Get Free Report)

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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