CK Hutchison (OTCMKTS:CKHUY) Raised to Strong-Buy at UBS Group

UBS Group upgraded shares of CK Hutchison (OTCMKTS:CKHUY) from a hold rating to a strong-buy rating in a research note issued to investors on Thursday morning,Zacks.com reports.

CK Hutchison Price Performance

Shares of OTCMKTS CKHUY opened at $5.95 on Thursday. CK Hutchison has a 1 year low of $4.46 and a 1 year high of $6.57. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.22 and a quick ratio of 1.07. The company’s fifty day moving average price is $5.25 and its 200 day moving average price is $5.32.

About CK Hutchison

CK Hutchison Holdings Limited, an investment holding company, primarily operates in ports and related services, retail, infrastructure, and telecommunications businesses in Hong Kong and internationally. The company operates through four segments: Ports and Related Services, Retail, Infrastructure, and Telecommunications.