Chow Tai Fook (OTCMKTS:CJEWY) Shares Gap Up – Still a Buy?

Chow Tai Fook (OTCMKTS:CJEWYGet Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $15.70, but opened at $18.00. Chow Tai Fook shares last traded at $18.00, with a volume of 101 shares.

Chow Tai Fook Price Performance

The business’s 50-day simple moving average is $17.57 and its 200-day simple moving average is $18.24. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.50 and a quick ratio of 0.29.

About Chow Tai Fook

(Get Free Report)

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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