China Resources Enterprise (OTCMKTS:CRHKY) Sees Strong Trading Volume – Still a Buy?

China Resources Enterprise Ltd. (OTCMKTS:CRHKYGet Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 45,646 shares were traded during mid-day trading, an increase of 13% from the previous session’s volume of 40,378 shares.The stock last traded at $6.98 and had previously closed at $6.91.

China Resources Enterprise Stock Performance

The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.49 and a current ratio of 0.83. The stock’s 50 day simple moving average is $7.05 and its 200-day simple moving average is $6.95.

China Resources Enterprise Company Profile

(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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