CK Hutchison (OTCMKTS:CKHUY) Shares Pass Below 50 Day Moving Average – Should You Sell?

CK Hutchison Holdings Limited (OTCMKTS:CKHUYGet Free Report)’s share price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $5.43 and traded as low as $5.11. CK Hutchison shares last traded at $5.22, with a volume of 874,757 shares.

Wall Street Analyst Weigh In

Separately, UBS Group raised CK Hutchison from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 13th.

Read Our Latest Stock Analysis on CK Hutchison

CK Hutchison Stock Performance

The company’s 50-day moving average is $5.43 and its two-hundred day moving average is $5.35. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.22 and a quick ratio of 1.07.

About CK Hutchison

(Get Free Report)

CK Hutchison Holdings Limited, an investment holding company, primarily operates in ports and related services, retail, infrastructure, and telecommunications businesses in Hong Kong and internationally. The company operates through four segments: Ports and Related Services, Retail, Infrastructure, and Telecommunications.

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