China Resources Enterprise (OTCMKTS:CRHKY) Shares Gap Down – Time to Sell?

Shares of China Resources Enterprise Ltd. (OTCMKTS:CRHKYGet Free Report) gapped down prior to trading on Friday . The stock had previously closed at $7.03, but opened at $6.74. China Resources Enterprise shares last traded at $7.03, with a volume of 335 shares trading hands.

China Resources Enterprise Stock Down 1.9%

The company has a current ratio of 0.83, a quick ratio of 0.49 and a debt-to-equity ratio of 0.01. The business has a 50-day moving average price of $7.04 and a two-hundred day moving average price of $7.01.

China Resources Enterprise Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for China Resources Enterprise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Resources Enterprise and related companies with MarketBeat.com's FREE daily email newsletter.