China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY – Get Free Report)’s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $8.41 and traded as low as $6.65. China Resources Beer shares last traded at $7.00, with a volume of 34,046 shares trading hands.
China Resources Beer Stock Up 1.7 %
The firm’s fifty day moving average price is $8.41 and its 200-day moving average price is $8.38.
China Resources Beer Increases Dividend
The company also recently disclosed a dividend, which will be paid on Monday, July 15th. Shareholders of record on Thursday, May 23rd will be given a $0.0833 dividend. This is a boost from China Resources Beer’s previous dividend of $0.07. The ex-dividend date is Wednesday, May 22nd.
About China Resources Beer
China Resources Beer (Holdings) Company Limited, an investment holding company, manufactures, distributes, and sells beer products in Mainland China. The company offers its products under the Nong Li, Snow, and Jinsha brands. The company was formerly known as China Resources Enterprise, Limited and changed its name to China Resources Beer (Holdings) Company Limited in October 2015.
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