China Mengniu Dairy (OTCMKTS:CIADY – Get Free Report) shot up 9.9% on Monday . The company traded as high as $21.06 and last traded at $21.06. 2,168 shares changed hands during mid-day trading, a decline of 75% from the average session volume of 8,725 shares. The stock had previously closed at $19.17.
China Mengniu Dairy Price Performance
The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.82 and a current ratio of 0.94. The firm has a 50 day moving average price of $20.54 and a two-hundred day moving average price of $19.60.
About China Mengniu Dairy
China Mengniu Dairy Company Limited is one of the largest dairy product manufacturers in China, founded in 1999 and headquartered in Hohhot, Inner Mongolia. The company focuses on the production, processing and sale of a wide range of dairy products, leveraging modern dairy farming practices and vertically integrated operations to maintain quality and food safety standards.
Its product portfolio includes fresh liquid milk, UHT milk, yogurt, ice cream, milk powder and cheese, marketed under well-known brands such as Mengniu, Ambrosial and Yashili (in select segments).
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