China Resources Enterprise Ltd. (OTCMKTS:CRHKY – Get Free Report) was up 5.9% during trading on Tuesday . The stock traded as high as $7.15 and last traded at $7.15. Approximately 9,949 shares changed hands during trading, a decline of 89% from the average daily volume of 89,327 shares. The stock had previously closed at $6.7494.
China Resources Enterprise Stock Up 3.0%
The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.46 and a current ratio of 0.82. The firm’s 50 day simple moving average is $6.70 and its 200 day simple moving average is $6.87.
China Resources Enterprise Company Profile
China Resources Enterprise Limited is a Hong Kong–based conglomerate principally engaged in consumer products distribution, retail operations and food and beverage businesses. Established in 1993 as a publicly listed arm of the state-owned China Resources Group, the company has grown into one of the largest integrated consumer companies operating across Mainland China and Hong Kong.
In its retail division, China Resources Enterprise operates the CR Vanguard chain of supermarkets and convenience stores, supplemented by online grocery platforms and membership loyalty programmes.
Read More
- Five stocks we like better than China Resources Enterprise
- A Deep Dive Into NVIDIA’s Latest Portfolio Moves
- Brady Corp Wires Up a Massive AI-Powered Breakout
- Why Home Depot’s Sell-Off Could Become a Huge Opportunity
- The Pentagon’s AI Pivot Supercharges Defense Stocks
Receive News & Ratings for China Resources Enterprise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Resources Enterprise and related companies with MarketBeat.com's FREE daily email newsletter.
