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CK Hutchison (OTCMKTS:CKHUY) Shares Pass Above Fifty Day Moving Average - Time to Sell?

CK Hutchison logo with Multi-Sector Conglomerates background

Shares of CK Hutchison Holdings Limited (OTCMKTS:CKHUY - Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $5.58 and traded as high as $5.78. CK Hutchison shares last traded at $5.76, with a volume of 110,513 shares.

Wall Street Analysts Forecast Growth

Separately, UBS Group upgraded CK Hutchison from a "hold" rating to a "strong-buy" rating in a report on Thursday, March 13th.

Read Our Latest Stock Report on CK Hutchison

CK Hutchison Stock Down 0.9%

The company has a debt-to-equity ratio of 0.32, a current ratio of 1.22 and a quick ratio of 1.07. The stock's 50 day simple moving average is $5.55 and its 200-day simple moving average is $5.35.

About CK Hutchison

(Get Free Report)

CK Hutchison Holdings Limited, an investment holding company, primarily operates in ports and related services, retail, infrastructure, and telecommunications businesses in Hong Kong and internationally. The company operates through four segments: Ports and Related Services, Retail, Infrastructure, and Telecommunications.

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