China Resources Beer (OTCMKTS:CRHKY) Stock Price Crosses Below 50 Day Moving Average – Should You Sell?

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKYGet Free Report)’s share price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $6.55 and traded as low as $6.23. China Resources Beer shares last traded at $6.29, with a volume of 64,136 shares.

China Resources Beer Trading Up 0.5 %

The business’s 50 day simple moving average is $6.53 and its 200 day simple moving average is $6.80. 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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