Shares of China Mengniu Dairy (OTCMKTS:CIADY – Get Free Report) hit a new 52-week high on Tuesday. The stock traded as high as $27.4320 and last traded at $27.4320, with a volume of 814 shares traded. The stock had previously closed at $27.1660.
China Mengniu Dairy Stock Performance
The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.77 and a current ratio of 0.88. The business has a 50-day moving average price of $23.66 and a 200-day moving average price of $22.30.
About China Mengniu Dairy
China Mengniu Dairy Company Limited is a Chinese dairy producer founded in 1999 and headquartered in Hohhot, Inner Mongolia. The company develops, manufactures and sells dairy products, with operations spanning product development, production and distribution. Its products include liquid milk, yogurt, ice cream, milk powder and other dairy foods. The company sells products under brands including Mengniu and Milk Deluxe. China Mengniu Dairy primarily serves consumers in mainland China and also has business activities in international markets.
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