China Resources Enterprise (OTCMKTS:CRHKY) Shares Gap Up – What’s Next?

China Resources Enterprise Ltd. (OTCMKTS:CRHKYGet Free Report)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $6.62, but opened at $7.13. China Resources Enterprise shares last traded at $6.81, with a volume of 18,506 shares traded.

China Resources Enterprise Stock Up 3.6%

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 firm’s fifty day moving average price is $6.93 and its 200-day moving average price 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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