Ck Hutchison (OTCMKTS:CKHUY) Sees Strong Trading Volume – Should You Buy?

Shares of Ck Hutchison Holdings Ltd (OTCMKTS:CKHUYGet Free Report) saw unusually-strong trading volume on Friday . Approximately 434,494 shares traded hands during trading, an increase of 81% from the previous session’s volume of 239,423 shares.The stock last traded at $6.98 and had previously closed at $6.89.

Ck Hutchison Stock Up 0.4%

The company has a current ratio of 1.69, a quick ratio of 1.46 and a debt-to-equity ratio of 0.35. The business has a fifty day simple moving average of $6.83 and a two-hundred day simple moving average of $6.53.

About Ck Hutchison

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CK Hutchison Holdings Limited (OTCMKTS: CKHUY) is a Hong Kong–based multinational conglomerate with diversified operations across ports, retail, telecommunications, infrastructure, property and related services. The group was created in 2015 through the combination of the Cheung Kong and Hutchison Whampoa businesses and is headquartered in Hong Kong. CK Hutchison pursues a strategy of long‑term investment and active portfolio management across multiple capital‑intensive sectors.

The company’s principal activities include global port operations through Hutchison Ports, one of the world’s largest port operators; health and beauty, grocery and related retailing through A.S.

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