Chow Tai Fook (OTCMKTS:CJEWY) Shares Gap Up – Here’s What Happened

Shares of Chow Tai Fook (OTCMKTS:CJEWYGet Free Report) gapped up before the market opened on Friday . The stock had previously closed at $16.00, but opened at $17.20. Chow Tai Fook shares last traded at $17.20, with a volume of 102 shares changing hands.

Chow Tai Fook Stock Performance

The company has a current ratio of 1.68, a quick ratio of 0.28 and a debt-to-equity ratio of 0.23. The firm has a 50-day moving average of $14.99 and a 200-day moving average of $15.70.

About Chow Tai Fook

(Get Free Report)

Chow Tai Fook Jewellery Group is a Hong Kong–based jeweller founded in 1929 and headquartered in Hong Kong. The company operates as an integrated jewellery business spanning design, sourcing, manufacturing, retail and wholesale distribution. It is one of the region’s largest jewellery retailers and sells a range of precious-metal and gem-set products through an extensive store network and other distribution channels.

Chow Tai Fook’s product lineup includes gold jewelry, diamond and gemstone pieces, watches and related accessories, with offerings that span mass-market collections, bridal and higher-end designer pieces.

Further Reading

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