China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY - Get Free Report) saw a large decline in short interest in May. As of May 31st, there was short interest totalling 8,500 shares, a decline of 51.4% from the May 15th total of 17,500 shares. Based on an average trading volume of 67,000 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company's shares are sold short.
China Resources Beer Stock Performance
Shares of CRHKY traded down $0.06 during midday trading on Friday, hitting $6.31. The company had a trading volume of 29,100 shares, compared to its average volume of 48,198. The company's 50-day simple moving average is $6.90 and its 200-day simple moving average is $6.70. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.40 and a current ratio of 0.75. China Resources Beer has a 1 year low of $5.45 and a 1 year high of $9.34.
China Resources Beer Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Monday, July 14th. Stockholders of record on Monday, May 26th will be paid a $0.0826 dividend. This represents a dividend yield of 2.58%. The ex-dividend date is Friday, May 23rd.
About China Resources Beer
(
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.
Recommended Stories
Before you consider China Resources Beer, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and China Resources Beer wasn't on the list.
While China Resources Beer currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
