Shares of China Mengniu Dairy (OTCMKTS:CIADY – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $24.5050 and last traded at $24.5050, with a volume of 327 shares. The stock had previously closed at $23.19.
China Mengniu Dairy Price Performance
The company has a quick ratio of 0.87, a current ratio of 1.00 and a debt-to-equity ratio of 0.24. The stock’s fifty day simple moving average is $21.65 and its 200 day simple moving average is $21.40.
China Mengniu Dairy Company Profile
China Mengniu Dairy Company Limited is one of the largest dairy product manufacturers in China, founded in 1999 and headquartered in Hohhot, Inner Mongolia. The company focuses on the production, processing and sale of a wide range of dairy products, leveraging modern dairy farming practices and vertically integrated operations to maintain quality and food safety standards.
Its product portfolio includes fresh liquid milk, UHT milk, yogurt, ice cream, milk powder and cheese, marketed under well-known brands such as Mengniu, Ambrosial and Yashili (in select segments).
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