China Mengniu Dairy (OTCMKTS:CIADY) Trading Up 0.5% – Still a Buy?

China Mengniu Dairy Company Limited (OTCMKTS:CIADYGet Free Report)’s stock price was up 0.5% during mid-day trading on Monday . The company traded as high as $23.47 and last traded at $23.21. Approximately 14,099 shares changed hands during trading, an increase of 97% from the average daily volume of 7,154 shares. The stock had previously closed at $23.10.

China Mengniu Dairy Stock Performance

The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.83 and a current ratio of 0.99. The business has a 50 day moving average of $24.52 and a 200-day moving average of $22.64.

About China Mengniu Dairy

(Get Free Report)

China Mengniu Dairy Company Limited, an investment holding company, engages in the manufacture and distribution of dairy products under the MENGNIU brand in the People's Republic of China and internationally. It operates through Liquid Milk Business, Ice Cream Business, Milk Formula Business, and Cheese Business, and Other segments.

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