China Resources Enterprise Ltd. (OTCMKTS:CRHKY – Get Free Report) was the target of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 53,156 shares, a decline of 82.1% from the February 12th total of 297,632 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 167,086 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 167,086 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company’s stock are short sold.
China Resources Enterprise Stock Down 0.4%
OTCMKTS CRHKY traded down $0.03 during trading hours on Tuesday, reaching $6.74. 102,494 shares of the company traded hands, compared to its average volume of 90,300. The company has a current ratio of 0.83, a quick ratio of 0.49 and a debt-to-equity ratio of 0.01. China Resources Enterprise has a 12 month low of $6.07 and a 12 month high of $7.75. The company has a 50 day moving average of $6.86 and a two-hundred day moving average of $7.02.
China Resources Enterprise Company Profile
China Resources Enterprise Limited is a Hong Kong–based conglomerate principally engaged in consumer products distribution, retail operations and food and beverage businesses. Established in 1993 as a publicly listed arm of the state-owned China Resources Group, the company has grown into one of the largest integrated consumer companies operating across Mainland China and Hong Kong.
In its retail division, China Resources Enterprise operates the CR Vanguard chain of supermarkets and convenience stores, supplemented by online grocery platforms and membership loyalty programmes.
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