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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

Shares of CK Hutchison Holdings Limited (OTCMKTS:CKHUY - Get Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $5.44 and traded as low as $5.24. CK Hutchison shares last traded at $5.26, with a volume of 155,456 shares changing hands.

CK Hutchison Price Performance

The company's fifty day moving average price is $5.44 and its 200 day moving average price is $5.11. The company has a quick ratio of 1.07, a current ratio of 1.22 and a debt-to-equity ratio of 0.32.

CK Hutchison Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, October 10th. Investors of record on Monday, September 16th were issued a dividend of $0.0707 per share. The ex-dividend date was Monday, September 16th.

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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