China Resources Beer (OTCMKTS:CRHKY) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKYGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $6.90 and traded as low as $6.19. China Resources Beer shares last traded at $6.24, with a volume of 66,535 shares traded.

China Resources Beer Trading Down 1.3 %

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 has a 50 day moving average price of $6.93 and a 200 day moving average price of $6.89.

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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