Ck Hutchison (CKHUY) to Announce Earnings on Thursday

Ck Hutchison (OTCMKTS:CKHUY) is projected to issue its resultson Thursday, July 30th. Analysts expect the company to post earnings of $0.4634 per share and revenue of $19.0119 billion for the quarter.

Ck Hutchison Stock Performance

CKHUY stock opened at $9.25 on Wednesday. The stock has a 50-day moving average price of $8.76 and a two-hundred day moving average price of $8.30. Ck Hutchison has a 1 year low of $6.23 and a 1 year high of $9.35. The company has a current ratio of 1.57, a quick ratio of 1.37 and a debt-to-equity ratio of 0.33.

Analysts Set New Price Targets

Separately, Zacks Research raised Ck Hutchison to a “hold” rating in a research report on Friday, May 8th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

About Ck Hutchison

CK Hutchison Holdings Limited (OTCMKTS: CKHUY) is a Hong Kong–based multinational conglomerate with diversified operations across ports, retail, telecommunications, infrastructure, property and related services. The group was created in 2015 through the combination of the Cheung Kong and Hutchison Whampoa businesses and is headquartered in Hong Kong. CK Hutchison pursues a strategy of long‑term investment and active portfolio management across multiple capital‑intensive sectors.

The company’s principal activities include global port operations through Hutchison Ports, one of the world’s largest port operators; health and beauty, grocery and related retailing through A.S.