China Resources Beer (OTCMKTS:CRHKY) Stock Crosses Below 50 Day Moving Average – Should You Sell?

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKYGet Free Report) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $6.55 and traded as low as $6.23. China Resources Beer shares last traded at $6.29, with a volume of 64,136 shares trading hands.

China Resources Beer Trading Up 4.1 %

The company has a debt-to-equity ratio of 0.03, a current ratio of 0.75 and a quick ratio of 0.40. The company has a 50 day simple moving average of $6.55 and a 200 day simple moving average of $6.81.

China Resources Beer Company Profile

(Get Free Report)

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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