Chow Tai Fook (OTCMKTS:CJEWY – Get Free Report)’s share price crossed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $15.51 and traded as low as $15.3050. Chow Tai Fook shares last traded at $15.31, with a volume of 630 shares traded.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group upgraded Chow Tai Fook from a “hold” rating to a “strong-buy” rating in a report on Friday, October 30th. One analyst has rated the stock with a Strong Buy rating. According to MarketBeat.com, the stock currently has a consensus rating of “Strong Buy”.
Read Our Latest Stock Report on Chow Tai Fook
Chow Tai Fook Price Performance
The business has a 50-day moving average of $14.70 and a 200-day moving average of $15.48. The company has a current ratio of 1.68, a quick ratio of 0.28 and a debt-to-equity ratio of 0.23.
Chow Tai Fook Company Profile
Chow Tai Fook Jewellery Group is a Hong Kong-based jeweller that designs, manufactures and sells jewellery and related products. Its offerings include gold and platinum jewellery, diamond and gemstone pieces, watches, and other accessories, sold through its retail and online channels. The company traces its origins to a jewellery shop established in Guangzhou in 1929. It later expanded in Hong Kong and grew into a major jewellery retailer, combining in-house design and manufacturing with a portfolio of brands and product lines.
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