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China Resources Beer (OTCMKTS:CRHKY) Stock Passes Above 50 Day Moving Average - Here's Why

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China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY - Get Free Report)'s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 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 Stock Performance

The stock has a fifty day moving average of $6.29 and a 200 day moving average of $6.78. The company has a current ratio of 0.75, a quick ratio of 0.40 and a debt-to-equity ratio of 0.03.

About China Resources Beer

(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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