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CK Hutchison (OTCMKTS:CKHUY) Shares Cross Below 50-Day Moving Average - Here's Why

CK Hutchison logo with Multi-Sector Conglomerates background

CK Hutchison Holdings Limited (OTCMKTS:CKHUY - Get Free Report)'s stock price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $5.43 and traded as low as $5.11. CK Hutchison shares last traded at $5.22, with a volume of 874,757 shares changing hands.

Analyst Ratings Changes

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

Get Our Latest Stock Report on CK Hutchison

CK Hutchison Trading Up 2.2 %

The business's 50 day simple moving average is $5.43 and its 200 day simple moving average is $5.33. The company has a quick ratio of 1.07, a current ratio of 1.22 and a debt-to-equity ratio of 0.32.

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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