Free Trial

China Resources Enterprise (OTCMKTS:CRHKY) Sees Large Volume Increase - Still a Buy?

China Resources Enterprise logo with Multi-Sector Conglomerates background

China Resources Enterprise Ltd. (OTCMKTS:CRHKY - Get Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 70,784 shares changed hands during mid-day trading, an increase of 53% from the previous session's volume of 46,316 shares.The stock last traded at $6.95 and had previously closed at $6.91.

China Resources Enterprise Stock Performance

The company has a quick ratio of 0.23, a current ratio of 0.60 and a debt-to-equity ratio of 0.02. The business has a fifty day moving average of $6.60 and a 200 day moving average of $6.69.

China Resources Enterprise Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, July 14th. Investors of record on Monday, May 26th were given a dividend of $0.0826 per share. This represents a yield of 2.58%. The ex-dividend date of this dividend was Friday, May 23rd.

About China Resources Enterprise

(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.

Featured Stories

Should You Invest $1,000 in China Resources Enterprise Right Now?

Before you consider China Resources Enterprise, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and China Resources Enterprise wasn't on the list.

While China Resources Enterprise currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Buy-the-Dip Stocks Poised to Rebound Soon
Quantum Boom: 3 Strong Picks with Lower Risk
3 Overlooked AI Stocks That Chipmakers Can’t Live Without

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines