China Resources Enterprise Ltd. (OTCMKTS:CRHKY - Get Free Report)'s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $6.83 and traded as low as $6.16. China Resources Enterprise shares last traded at $6.18, with a volume of 60,051 shares changing hands.
China Resources Enterprise Stock Performance
The business's 50 day simple moving average is $6.81 and its two-hundred day simple moving average is $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 firm also recently disclosed a dividend, which will be paid on Monday, July 14th. Shareholders of record on Monday, May 26th will be paid a $0.0826 dividend. This represents a dividend yield of 2.58%. The ex-dividend date is 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.
Featured Stories
Before you consider China Resources Enterprise, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and China Resources Enterprise wasn't on the list.
While China Resources Enterprise currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
