China Resources Enterprise Ltd. (OTCMKTS:CRHKY – Get Free Report) reached a new 52-week low during trading on Thursday . The stock traded as low as $5.19 and last traded at $5.23, with a volume of 1451 shares trading hands. The stock had previously closed at $5.69.
Analyst Ratings Changes
Separately, Zacks Research upgraded China Resources Enterprise to a “hold” rating in a report on Tuesday, June 2nd. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold”.
Read Our Latest Stock Analysis on China Resources Enterprise
China Resources Enterprise Stock Down 3.0%
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.
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