Ck Hutchison (OTCMKTS:CKHUY) Sets New 12-Month High - Still a Buy?

Key Points

• 52-week high: Ck Hutchison's stock reached a new 52-week high, trading as high as $8.65 and last at $8.625, up about 4.7% on the session with roughly 90,541 shares changing hands.
• Financial/technical snapshot: the company has moderate leverage and healthy liquidity (debt-to-equity 0.33, quick ratio 1.37, current ratio 1.57) and its 50-day ($7.87) and 200-day ($7.46) moving averages sit below the current price.
• Business profile: CK Hutchison is a Hong Kong–based diversified conglomerate active in ports (Hutchison Ports), retail, telecommunications, infrastructure and property, formed by the 2015 merger of Cheung Kong and Hutchison Whampoa and focused on long-term investment and portfolio management.

Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $8.65 and last traded at $8.6250, with a volume of 90541 shares changing hands. The stock had previously closed at $8.23.

Ck Hutchison Stock Up 4.7%

The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.37 and a current ratio of 1.57. The stock has a 50-day moving average of $7.87 and a 200-day moving average of $7.46.

About Ck Hutchison

CK Hutchison Holdings Limited OTCMKTS: CKHUY is a Hong Kong–based multinational conglomerate with diversified operations across ports, retail, telecommunications, infrastructure, property and related services. The group was created in 2015 through the combination of the Cheung Kong and Hutchison Whampoa businesses and is headquartered in Hong Kong. CK Hutchison pursues a strategy of long‑term investment and active portfolio management across multiple capital‑intensive sectors.

The company's principal activities include global port operations through Hutchison Ports, one of the world's largest port operators; health and beauty, grocery and related retailing through A.S.

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