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China Resources Enterprise (OTCMKTS:CRHKY) Trading 0.1% Higher - What's Next?

China Resources Enterprise logo with Multi-Sector Conglomerates background

Key Points

  • China Resources Enterprise shares increased by 0.1%, trading at $7.12 with a significant uptick in trading volume, reaching 35,680 shares.
  • The company recently declared a dividend of $0.0826, which yields an impressive 258.0%.
  • China Resources Beer (Holdings) Company Limited, formerly known as China Resources Enterprise, specializes in the manufacture and distribution of beer products in Mainland China under various brand names.
  • Looking to export and analyze China Resources Enterprise data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

China Resources Enterprise Ltd. (OTCMKTS:CRHKY - Get Free Report) shares traded up 0.1% on Monday . The stock traded as high as $7.15 and last traded at $7.12. 35,680 shares were traded during trading, an increase of 47% from the average session volume of 24,347 shares. The stock had previously closed at $7.11.

China Resources Enterprise Trading Up 0.1%

The company has a quick ratio of 0.23, a current ratio of 0.60 and a debt-to-equity ratio of 0.02. The stock's fifty day simple moving average is $6.71 and its 200-day simple moving average is $6.81.

China Resources Enterprise Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, July 14th. Investors of record on Monday, May 26th were issued a $0.0826 dividend. The ex-dividend date of this dividend was Friday, May 23rd. This represents a dividend yield of 258.0%.

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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