China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY – Get Free Report) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totalling 3,000 shares, a decline of 96.4% from the September 15th total of 83,200 shares. Based on an average trading volume of 251,600 shares, the short-interest ratio is presently 0.0 days.
China Resources Beer Stock Performance
CRHKY traded up $0.08 during midday trading on Thursday, hitting $8.10. The company had a trading volume of 16,972 shares, compared to its average volume of 92,110. The stock’s 50 day moving average price is $6.58 and its 200 day moving average price is $7.63. The company has a current ratio of 0.75, a quick ratio of 0.40 and a debt-to-equity ratio of 0.03. China Resources Beer has a 52 week low of $5.45 and a 52 week high of $11.35.
China Resources Beer Increases Dividend
The company also recently disclosed a dividend, which will be paid on Monday, November 4th. Investors of record on Thursday, September 5th will be paid a $0.0919 dividend. This is a boost from China Resources Beer’s previous dividend of $0.08. This represents a yield of 4.17%. The ex-dividend date is Wednesday, September 4th.
China Resources Beer Company Profile
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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