China Resources Enterprise (OTCMKTS:CRHKY) Shares Gap Down – Time to Sell?

China Resources Enterprise Ltd. (OTCMKTS:CRHKYGet Free Report)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $6.6320, but opened at $6.3701. China Resources Enterprise shares last traded at $6.6280, with a volume of 4,856 shares.

China Resources Enterprise Trading Up 0.1%

The company has a quick ratio of 0.49, a current ratio of 0.83 and a debt-to-equity ratio of 0.01. The business’s fifty day moving average is $6.94 and its 200 day moving average is $7.02.

China Resources Enterprise Company Profile

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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.

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