China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY – Get Free Report) hit a new 52-week low on Thursday . The company traded as low as $5.45 and last traded at $5.73, with a volume of 105127 shares. The stock had previously closed at $5.94.
China Resources Beer Trading Down 3.5 %
The firm has a 50-day simple moving average of $6.37 and a two-hundred day simple moving average of $7.86. The company has a current ratio of 0.70, a quick ratio of 0.31 and a debt-to-equity ratio of 0.12.
China Resources Beer Increases Dividend
The business also recently announced a dividend, which will be paid on Monday, November 4th. Stockholders of record on Thursday, September 5th will be given a dividend of $0.0919 per share. This represents a dividend yield of 4.17%. This is an increase from China Resources Beer’s previous dividend of $0.08. The ex-dividend date is Wednesday, September 4th.
China Resources Beer Company Profile
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, Snow, and Jinsha 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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