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China Resources Enterprise (OTCMKTS:CRHKY) Shares Gap Down - Should You Sell?

China Resources Enterprise logo with Multi-Sector Conglomerates background

Shares of China Resources Enterprise Ltd. (OTCMKTS:CRHKY - Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $6.92, but opened at $6.71. China Resources Enterprise shares last traded at $6.71, with a volume of 1,021 shares traded.

China Resources Enterprise Stock Performance

The stock's 50-day moving average price is $6.60 and its 200 day moving average price is $6.68. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.23 and a current ratio of 0.60.

China Resources Enterprise Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, July 14th. Shareholders 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 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.

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