China Mengniu Dairy Company Limited (OTCMKTS:CIADY – Get Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as $16.10 and last traded at $16.11, with a volume of 35687 shares traded. The stock had previously closed at $16.99.
China Mengniu Dairy Stock Down 4.8 %
The firm has a fifty day moving average of $18.28 and a 200 day moving average of $21.17. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.05 and a quick ratio of 0.86.
China Mengniu Dairy Increases Dividend
The firm also recently disclosed a dividend, which was paid on Thursday, July 11th. Investors of record on Monday, June 17th were issued a $0.6052 dividend. This is an increase from China Mengniu Dairy’s previous dividend of $0.53. The ex-dividend date was Monday, June 17th.
About China Mengniu Dairy
China Mengniu Dairy Company Limited, an investment holding company, engages in the manufacture and distribution of dairy products under the MENGNIU brand in the People's Republic of China and internationally. It operates through Liquid Milk Business, Ice Cream Business, Milk Formula Business, and Cheese Business, and Other segments.
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