China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY – Get Free Report) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $6.41 and traded as low as $5.90. China Resources Beer shares last traded at $5.90, with a volume of 75,162 shares traded.
China Resources Beer Trading Down 2.6 %
The firm has a 50-day simple moving average of $6.41 and a 200 day simple moving average of $7.89. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.31 and a current ratio of 0.70.
China Resources Beer Increases Dividend
The business also recently announced a dividend, which will be paid on Monday, November 4th. Stockholders of record on Thursday, September 5th will be issued a $0.0919 dividend. The ex-dividend date of this dividend is Wednesday, September 4th. This represents a dividend yield of 4.17%. This is a positive change from China Resources Beer’s previous dividend of $0.08.
China Resources Beer Company Profile
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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