China Resources Enterprise Ltd. (OTCMKTS:CRHKY – Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $6.07 and last traded at $6.07, with a volume of 253 shares changing hands. The stock had previously closed at $6.62.
China Resources Enterprise Stock Down 0.3%
The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.49 and a current ratio of 0.83. The company’s 50-day moving average is $6.76 and its 200-day moving average is $6.94.
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.
Further Reading
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