China Resources Beer (OTCMKTS:CRHKY) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Shares of China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKYGet Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $6.29 and traded as high as $6.38. China Resources Beer shares last traded at $6.25, with a volume of 62,845 shares traded.

China Resources Beer Stock Performance

The company has a debt-to-equity ratio of 0.03, a current ratio of 0.75 and a quick ratio of 0.40. The firm’s 50-day simple moving average is $6.29 and its 200 day simple moving average is $6.74.

About China Resources Beer

(Get Free Report)

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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