Chow Tai Fook Jewellery Group (OTCMKTS:CJEWY) Sets New 52-Week High at $21.74

Chow Tai Fook Jewellery Group Limited (OTCMKTS:CJEWY) hit a new 52-week high during trading on Wednesday . The stock traded as high as $21.74 and last traded at $21.74, with a volume of 437 shares trading hands. The stock had previously closed at $21.00.

CJEWY has been the subject of several research reports. JPMorgan Chase & Co. cut shares of Chow Tai Fook Jewellery Group from an “overweight” rating to a “neutral” rating in a research note on Tuesday, May 18th. Zacks Investment Research upgraded shares of Chow Tai Fook Jewellery Group from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a research note on Friday, June 11th.

The company has a debt-to-equity ratio of 0.08, a current ratio of 1.70 and a quick ratio of 0.40. The company’s 50 day simple moving average is $17.73. The stock has a market cap of $21.74 billion, a PE ratio of 56.76 and a beta of 0.94.

The company also recently announced a Semi-Annual dividend, which will be paid on Friday, September 3rd. Investors of record on Wednesday, August 4th will be paid a $0.259 dividend. This is a boost from Chow Tai Fook Jewellery Group’s previous Semi-Annual dividend of $0.19. The ex-dividend date of this dividend is Tuesday, August 3rd. Chow Tai Fook Jewellery Group’s payout ratio is currently 100.00%.

Chow Tai Fook Jewellery Group Company Profile (OTCMKTS:CJEWY)

Chow Tai Fook Jewellery Group Limited, an investment holding company, manufactures and sells jewelry products. The company offers high-end luxury, mass luxury, and youth line jewelry products, including gem-set, gold, and platinum/karat gold products under the CHOW TAI FOOK, HEARTS ON FIRE, T MARK, MONOLOGUE, and SOINLOVE brands.

Further Reading: NASDAQ

Receive News & Ratings for Chow Tai Fook Jewellery Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chow Tai Fook Jewellery Group and related companies with MarketBeat.com's FREE daily email newsletter.