Chow Tai Fook (OTCMKTS:CJEWY) Shares Gap Down – Here’s Why

Chow Tai Fook (OTCMKTS:CJEWYGet Free Report)’s share price gapped down prior to trading on Friday . The stock had previously closed at $14.45, but opened at $13.40. Chow Tai Fook shares last traded at $13.40, with a volume of 188 shares changing hands.

Chow Tai Fook Trading Down 7.3%

The company has a current ratio of 1.68, a quick ratio of 0.29 and a debt-to-equity ratio of 0.23. The business’s fifty day moving average is $14.26 and its 200 day moving average is $16.08.

About Chow Tai Fook

(Get Free Report)

Chow Tai Fook Jewellery Group is a Hong Kong–based jeweller founded in 1929 and headquartered in Hong Kong. The company operates as an integrated jewellery business spanning design, sourcing, manufacturing, retail and wholesale distribution. It is one of the region’s largest jewellery retailers and sells a range of precious-metal and gem-set products through an extensive store network and other distribution channels.

Chow Tai Fook’s product lineup includes gold jewelry, diamond and gemstone pieces, watches and related accessories, with offerings that span mass-market collections, bridal and higher-end designer pieces.

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