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

Chow Tai Fook (OTCMKTS:CJEWYGet Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $14.45, but opened at $12.95. Chow Tai Fook shares last traded at $12.95, with a volume of 169 shares traded.

Chow Tai Fook Stock Down 3.4%

The company has a quick ratio of 0.28, a current ratio of 1.68 and a debt-to-equity ratio of 0.23. The firm’s 50 day moving average is $14.19 and its 200-day moving average is $15.99.

Chow Tai Fook Company Profile

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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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