China Resources Enterprise Ltd. (OTCMKTS:CRHKY – Get Free Report)’s stock price fell 6.3% during mid-day trading on Wednesday . The stock traded as low as $6.21 and last traded at $6.24. 1,322 shares were traded during trading, a decline of 99% from the average session volume of 89,666 shares. The stock had previously closed at $6.66.
China Resources Enterprise Price Performance
The company has a quick ratio of 0.46, a current ratio of 0.82 and a debt-to-equity ratio of 0.04. The firm has a fifty day simple moving average of $6.70 and a two-hundred day simple moving average of $6.86.
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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