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China Resources Beer (OTCMKTS:CRHKY) Stock Price Down 2.1% - Here's Why

China Resources Beer logo with Multi-Sector Conglomerates background

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY - Get Free Report) was down 2.1% on Wednesday . The company traded as low as $6.48 and last traded at $6.64. Approximately 74,838 shares were traded during mid-day trading, a decline of 16% from the average daily volume of 89,243 shares. The stock had previously closed at $6.79.

China Resources Beer Price Performance

The firm's fifty day simple moving average is $7.66 and its 200-day simple moving average is $7.15. 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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