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China Resources Enterprise (OTCMKTS:CRHKY) Shares Gap Up - Time to Buy?

China Resources Enterprise logo with Multi-Sector Conglomerates background

China Resources Enterprise Ltd. (OTCMKTS:CRHKY - Get Free Report)'s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $6.86, but opened at $7.15. China Resources Enterprise shares last traded at $7.15, with a volume of 114 shares traded.

China Resources Enterprise Price Performance

The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.23 and a current ratio of 0.60. The firm has a 50-day moving average of $6.60 and a 200-day moving average of $6.68.

China Resources Enterprise Cuts Dividend

The firm 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 dividend yield of 2.58%. The ex-dividend date of this dividend was Friday, May 23rd.

China Resources Enterprise 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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