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CK Hutchison (OTCMKTS:CKHUY) Share Price Passes Below 50-Day Moving Average - Here's What Happened

CK Hutchison logo with Multi-Sector Conglomerates background

CK Hutchison Holdings Limited (OTCMKTS:CKHUY - Get Free Report)'s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $5.45 and traded as low as $5.31. CK Hutchison shares last traded at $5.35, with a volume of 317,114 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, UBS Group raised CK Hutchison from a "hold" rating to a "strong-buy" rating in a report on Thursday, March 13th.

View Our Latest Stock Report on CK Hutchison

CK Hutchison Price Performance

The firm has a 50 day moving average of $5.47 and a two-hundred day moving average of $5.31. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.07 and a current ratio of 1.22.

About CK Hutchison

(Get Free Report)

CK Hutchison Holdings Limited, an investment holding company, primarily operates in ports and related services, retail, infrastructure, and telecommunications businesses in Hong Kong and internationally. The company operates through four segments: Ports and Related Services, Retail, Infrastructure, and Telecommunications.

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