CK Hutchison (OTCMKTS:CKHUY) Stock Price Crosses Below Fifty Day Moving Average – What’s Next?

CK Hutchison Holdings Limited (OTCMKTS:CKHUY)’s share price passed below its fifty day moving average during trading on Monday . The stock has a fifty 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 changing hands.

Wall Street Analysts Forecast Growth

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

CK Hutchison Stock Down 2.1 %

The company has a debt-to-equity ratio of 0.32, a current ratio of 1.22 and a quick ratio of 1.07. The firm has a 50-day moving average price of $5.43 and a 200 day moving average price of $5.35.

About CK Hutchison

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.