China Mengniu Dairy (OTCMKTS:CIADY – Get Free Report)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as $24.5050 and last traded at $24.5050, with a volume of 327 shares changing hands. The stock had previously closed at $23.19.
China Mengniu Dairy Price Performance
The stock’s 50-day simple moving average is $21.55 and its two-hundred day simple moving average is $21.33. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.00 and a quick ratio of 0.87.
About China Mengniu Dairy
China Mengniu Dairy Company Limited is one of the largest dairy product manufacturers in China, founded in 1999 and headquartered in Hohhot, Inner Mongolia. The company focuses on the production, processing and sale of a wide range of dairy products, leveraging modern dairy farming practices and vertically integrated operations to maintain quality and food safety standards.
Its product portfolio includes fresh liquid milk, UHT milk, yogurt, ice cream, milk powder and cheese, marketed under well-known brands such as Mengniu, Ambrosial and Yashili (in select segments).
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