China Resources Beer (OTCMKTS:CRHKY) Stock Price Passes Above 50-Day Moving Average – What’s Next?

Shares of China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKYGet Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $6.29 and traded as high as $6.92. China Resources Beer shares last traded at $6.87, with a volume of 28,046 shares traded.

China Resources Beer Stock Performance

The company has a quick ratio of 0.40, a current ratio of 0.75 and a debt-to-equity ratio of 0.03. The company’s fifty day moving average is $6.29 and its two-hundred day moving average is $6.77.

China Resources Beer Company Profile

(Get Free Report)

China Resources Beer (Holdings) Company Limited, an investment holding company, manufactures, distributes, and sells beer products in Mainland China. The company offers its products under the Nong Li, Snow, and Jinsha brands. The company was formerly known as China Resources Enterprise, Limited and changed its name to China Resources Beer (Holdings) Company Limited in October 2015.

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