Chow Tai Fook (OTCMKTS:CJEWY) Sets New 52-Week High - Time to Buy?

Key Points

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Chow Tai Fook (OTCMKTS:CJEWY - Get Free Report)'s share price hit a new 52-week high on Tuesday . The company traded as high as $18.30 and last traded at $18.30, with a volume of 103 shares changing hands. The stock had previously closed at $18.13.

Chow Tai Fook Stock Down 5.7%

The business's fifty day moving average is $17.26 and its two-hundred day moving average is $13.86.

Chow Tai Fook Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 7th will be issued a $0.3577 dividend. This is an increase from Chow Tai Fook's previous dividend of $0.26. This represents a dividend yield of 315.0%. The ex-dividend date of this dividend is Wednesday, August 6th.

Chow Tai Fook Company Profile

Chow Tai Fook Jewellery Group Limited, an investment holding company, manufactures and sells jewelry products in Mainland China, Hong Kong, Macau, Taiwan, Cambodia, Canada, Korea, Japan, Malaysia, the Philippines, Singapore, Thailand, the United States, and Vietnam. The company offers gem-set, platinum and k-gold jewelry, and gold jewelry and products under the CHOW TAI FOOK, HEARTS ON FIRE, ENZO, MONOLOGUE, and SOINLOVE brands.