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China Resources Beer (OTCMKTS:CRHKY) Shares Pass Below Two Hundred Day Moving Average - Should You Sell?

China Resources Beer logo with Multi-Sector Conglomerates background

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY - Get Free Report) passed 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 trading hands.

China Resources Beer Stock Down 1.3 %

The firm's 50-day moving average price is $6.93 and its 200 day moving average price is $6.89. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.40 and a current ratio of 0.75.

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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