Shares of China Mengniu Dairy (OTCMKTS:CIADY – Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $22.2375, but opened at $21.27. China Mengniu Dairy shares last traded at $21.27, with a volume of 100 shares traded.
China Mengniu Dairy Price Performance
The company has a quick ratio of 0.87, a current ratio of 1.00 and a debt-to-equity ratio of 0.24. The company’s 50 day simple moving average is $21.67 and its 200 day simple moving average is $20.51.
China Mengniu Dairy Company Profile
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).
See Also
- Five stocks we like better than China Mengniu Dairy
- SpaceX IPO: Opportunity? Or the Ultimate Hype Trade?
- CAVA Group’s Stock Looks Delicious After Strong Earnings
- Lowe’s Finds Support at $215 After Q1 Earnings Sell-Off
- Deere Beats Q2 Estimates, But Ag Weakness Weighs on Outlook
Receive News & Ratings for China Mengniu Dairy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Mengniu Dairy and related companies with MarketBeat.com's FREE daily email newsletter.
