China Resources Enterprise (OTCMKTS:CRHKY) Shares Gap Down - Here's What Happened

Key Points

• China Resources Enterprise's shares gapped down from a previous close of $7.45 to open at $7.03 before last trading at $7.42.
• The company has a debt-to-equity ratio of 0.02 and a current ratio of 0.60, indicating a stable financial position.
• China Resources Enterprise, now known as China Resources Beer (Holdings) Company Limited, focuses on manufacturing and distributing beer products in Mainland China.

China Resources Enterprise Ltd. (OTCMKTS:CRHKY - )'s share price gapped down prior to trading on Monday . The stock had previously closed at $7.45, but opened at $7.03. China Resources Enterprise shares last traded at $7.42, with a volume of 2,501 shares.

China Resources Enterprise Stock Performance

The company has a debt-to-equity ratio of 0.02, a current ratio of 0.60 and a quick ratio of 0.23. The business has a 50 day moving average price of $6.78 and a 200 day moving average price of $6.84.

China Resources Enterprise Company Profile

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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