China Resources Beer (OTCMKTS:CRHKY) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKYGet Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty 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 Trading Up 4.1 %

The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.40 and a current ratio of 0.75. The business’s 50 day simple moving average is $6.29 and its 200 day simple moving average is $6.77.

About China Resources Beer

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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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