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China Resources Enterprise (OTCMKTS:CRHKY) Shares Gap Up - Here's Why

China Resources Enterprise logo with Multi-Sector Conglomerates background
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Key Points

  • Gapped up: CRHKY opened at $6.59 after closing at $6.275 and last traded at $6.65 on light volume of 1,825 shares.
  • Technicals and liquidity: The stock is trading below its 50‑day ($6.79) and 200‑day ($6.96) simple moving averages; the company reports a quick ratio of 0.49, a current ratio of 0.83 and a debt‑to‑equity of 0.01.
  • Business overview: China Resources Enterprise is a Hong Kong–based conglomerate that operates the CR Vanguard chain of supermarkets and convenience stores, plus online grocery platforms and food & beverage businesses across Mainland China and Hong Kong.
  • Five stocks to consider instead of China Resources Enterprise.

China Resources Enterprise Ltd. (OTCMKTS:CRHKY - Get Free Report)'s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $6.2750, but opened at $6.59. China Resources Enterprise shares last traded at $6.65, with a volume of 1,825 shares trading hands.

China Resources Enterprise Stock Performance

The business has a 50 day simple moving average of $6.79 and a two-hundred day simple moving average of $6.96. The company has a quick ratio of 0.49, a current ratio of 0.83 and a debt-to-equity ratio of 0.01.

About China Resources Enterprise

(Get Free Report)

China Resources Enterprise Limited is a Hong Kong–based conglomerate principally engaged in consumer products distribution, retail operations and food and beverage businesses. Established in 1993 as a publicly listed arm of the state-owned China Resources Group, the company has grown into one of the largest integrated consumer companies operating across Mainland China and Hong Kong.

In its retail division, China Resources Enterprise operates the CR Vanguard chain of supermarkets and convenience stores, supplemented by online grocery platforms and membership loyalty programmes.

See Also

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