Chow Tai Fook (OTCMKTS:CJEWY) Shares Gap Down – Here’s Why

Chow Tai Fook (OTCMKTS:CJEWYGet Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $14.45, but opened at $13.40. Chow Tai Fook shares last traded at $13.40, with a volume of 188 shares.

Chow Tai Fook Stock Performance

The stock’s fifty day moving average price is $14.26 and its 200-day moving average price is $16.08. The company has a quick ratio of 0.29, a current ratio of 1.68 and a debt-to-equity ratio of 0.23.

Chow Tai Fook Company Profile

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Chow Tai Fook Jewellery Group is a Hong Kong–based jeweller founded in 1929 and headquartered in Hong Kong. The company operates as an integrated jewellery business spanning design, sourcing, manufacturing, retail and wholesale distribution. It is one of the region’s largest jewellery retailers and sells a range of precious-metal and gem-set products through an extensive store network and other distribution channels.

Chow Tai Fook’s product lineup includes gold jewelry, diamond and gemstone pieces, watches and related accessories, with offerings that span mass-market collections, bridal and higher-end designer pieces.

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