China Resources Enterprise Ltd. (OTCMKTS:CRHKY – Get Free Report) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 85,554 shares, an increase of 107.8% from the April 30th total of 41,169 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 109,019 shares, the short-interest ratio is currently 0.8 days.
China Resources Enterprise Stock Performance
CRHKY opened at $6.17 on Wednesday. China Resources Enterprise has a 1 year low of $6.07 and a 1 year high of $7.69. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.82 and a quick ratio of 0.46. The stock has a fifty day moving average price of $6.69 and a 200 day moving average price of $6.84.
About China Resources Enterprise
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.
See Also
- Five stocks we like better than China Resources Enterprise
- Marvell Stock Soars on NVIDIA’s Trillion-Dollar Nod
- FirstCash Turns Pawn Into a Growth Machine
- HubSpot Just Crushed the Bear Case—Is a Bigger Rally Ahead?
- Aggressive Insider Buying Signals Opportunity in 3 Risky Stocks
Receive News & Ratings for China Resources Enterprise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Resources Enterprise and related companies with MarketBeat.com's FREE daily email newsletter.
