China Resources Beer (OTCMKTS:CRHKY) Share Price Crosses Below 50-Day Moving Average of $8.02

by · The Cerbat Gem

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY – Get Free Report)’s stock price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $8.02 and traded as low as $7.22. China Resources Beer shares last traded at $7.25, with a volume of 27,193 shares.

China Resources Beer Stock Performance

The company has a current ratio of 0.89, a quick ratio of 0.55 and a debt-to-equity ratio of 0.21. The firm has a 50-day moving average price of $8.02 and a 200 day moving average price of $10.01.

China Resources Beer Company Profile

(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, Li, Löwen Fruit Beer, and Snow Draft Pure Malt Beer, Snow Xiao Pi Qi 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.

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