Chow Tai Fook (OTCMKTS:CJEWY – Get Free Report) passed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $15.51 and traded as low as $15.3050. Chow Tai Fook shares last traded at $15.31, with a volume of 630 shares traded.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group raised Chow Tai Fook from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 30th. One investment analyst has rated the stock with a Strong Buy rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Strong Buy”.
View Our Latest Analysis on CJEWY
Chow Tai Fook Price Performance
The company has a 50 day moving average of $14.73 and a 200 day moving average of $15.51. The company has a quick ratio of 0.28, a current ratio of 1.68 and a debt-to-equity ratio of 0.23.
About Chow Tai Fook
Chow Tai Fook Jewellery Group is a Hong Kong-based jeweller that designs, manufactures and sells jewellery and related products. Its offerings include gold and platinum jewellery, diamond and gemstone pieces, watches, and other accessories, sold through its retail and online channels. The company traces its origins to a jewellery shop established in Guangzhou in 1929. It later expanded in Hong Kong and grew into a major jewellery retailer, combining in-house design and manufacturing with a portfolio of brands and product lines.
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