China Resources Enterprise Ltd. (OTCMKTS:CRHKY – Get Free Report) was down 6.3% on Wednesday . The company traded as low as $6.21 and last traded at $6.24. Approximately 1,322 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 89,666 shares. The stock had previously closed at $6.66.
China Resources Enterprise Price Performance
The stock has a fifty day moving average of $6.71 and a two-hundred day moving average of $6.87. The company has a quick ratio of 0.46, a current ratio of 0.82 and a debt-to-equity ratio of 0.04.
About China Resources Enterprise
China Resources Enterprise Limited is a Hong Kong–based conglomerate principally engaged in consumer products distribution, retail operations and food and beverage businesses. Established in 1993 as a publicly listed arm of the state-owned China Resources Group, the company has grown into one of the largest integrated consumer companies operating across Mainland China and Hong Kong.
In its retail division, China Resources Enterprise operates the CR Vanguard chain of supermarkets and convenience stores, supplemented by online grocery platforms and membership loyalty programmes.
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