China Resources Enterprise Ltd. (OTCMKTS:CRHKY – Get Free Report)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $7.06, but opened at $6.7401. China Resources Enterprise shares last traded at $7.25, with a volume of 981 shares.
China Resources Enterprise Stock Down 0.3%
The business’s 50 day moving average is $6.89 and its two-hundred day moving average is $7.02. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.49 and a current ratio of 0.83.
China Resources Enterprise Company Profile
China Resources Enterprise Limited is a Hong Kong–based conglomerate principally engaged in consumer products distribution, retail operations and food and beverage businesses. Established in 1993 as a publicly listed arm of the state-owned China Resources Group, the company has grown into one of the largest integrated consumer companies operating across Mainland China and Hong Kong.
In its retail division, China Resources Enterprise operates the CR Vanguard chain of supermarkets and convenience stores, supplemented by online grocery platforms and membership loyalty programmes.
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