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China Resources Beer (OTCMKTS:CRHKY) Shares Pass Above 50-Day Moving Average - What's Next?

China Resources Beer logo with Multi-Sector Conglomerates background

Shares of China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY - Get Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $6.98 and traded as high as $7.45. China Resources Beer shares last traded at $7.37, with a volume of 60,391 shares.

China Resources Beer Stock Performance

The company has a 50-day simple moving average of $7.00 and a 200 day simple moving average of $6.89. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.75 and a quick ratio of 0.40.

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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