Ck Hutchison (OTCMKTS:CKHUY) Sees Large Volume Increase – Here’s Why

Shares of Ck Hutchison Holdings Ltd (OTCMKTS:CKHUYGet Free Report) saw unusually-strong trading volume on Thursday . Approximately 260,284 shares were traded during trading, an increase of 42% from the previous session’s volume of 183,449 shares.The stock last traded at $7.76 and had previously closed at $7.52.

Ck Hutchison Stock Performance

The stock’s 50 day simple moving average is $7.05 and its two-hundred day simple moving average is $6.68. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.69 and a quick ratio of 1.46.

Ck Hutchison Company Profile

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CK Hutchison Holdings Limited (OTCMKTS: CKHUY) is a Hong Kong–based multinational conglomerate with diversified operations across ports, retail, telecommunications, infrastructure, property and related services. The group was created in 2015 through the combination of the Cheung Kong and Hutchison Whampoa businesses and is headquartered in Hong Kong. CK Hutchison pursues a strategy of long‑term investment and active portfolio management across multiple capital‑intensive sectors.

The company’s principal activities include global port operations through Hutchison Ports, one of the world’s largest port operators; health and beauty, grocery and related retailing through A.S.

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