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

China Resources Enterprise logo with Multi-Sector Conglomerates background

Shares of China Resources Enterprise Ltd. (OTCMKTS:CRHKY - Get Free Report) 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 trading hands.

China Resources Enterprise Stock Performance

The company has a fifty day simple moving average of $6.61 and a 200 day simple moving average of $6.68. The company has a quick ratio of 0.23, a current ratio of 0.60 and a debt-to-equity ratio of 0.02.

China Resources Enterprise Cuts Dividend

The company also recently disclosed 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.

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