Zacks Investment Research Downgrades Chow Tai Fook Jewe (CJEWY) to Hold

Chow Tai Fook Jewe (OTCMKTS:CJEWY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Thursday.

According to Zacks, “Chow Tai Fook Jewellery Group manufactures and sells jewelry products. The Company sells rings, necklaces, earrings, pendants, bracelets and small statues. It operates primarily in China, Hong Kong, Macau, Taiwan, Malaysia and Singapore. Chow Tai Fook Jewellery Group is headquartered in Central, Hong Kong. “

Shares of Chow Tai Fook Jewe (OTCMKTS CJEWY) opened at $10.88 on Thursday. Chow Tai Fook Jewe has a 52 week low of $7.50 and a 52 week high of $12.17. The company has a current ratio of 2.30, a quick ratio of 0.56 and a debt-to-equity ratio of 0.07.

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