China Resources Enterprise Ltd. (OTCMKTS:CRHKY – Get Free Report)’s share price fell 5.3% during trading on Thursday . The company traded as low as $6.75 and last traded at $6.75. 17,111 shares traded hands during trading, a decline of 81% from the average session volume of 88,683 shares. The stock had previously closed at $7.13.
China Resources Enterprise Stock Down 4.6%
The business has a fifty day simple moving average of $6.71 and a 200 day simple moving average of $6.87. The company has a current ratio of 0.82, a quick ratio of 0.46 and a debt-to-equity ratio of 0.04.
China Resources Enterprise Company Profile
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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