Chow Tai Fook (OTCMKTS:CJEWY) Shares Gap Up – Time to Buy?

Chow Tai Fook (OTCMKTS:CJEWY – Get Free Report) shares gapped up prior to trading on Friday. The stock had previously closed at $13.07, but opened at $14.1850. Chow Tai Fook shares last traded at $14.1850, with a volume of 1,286 shares trading hands.

Chow Tai Fook Price Performance

The stock has a 50 day moving average of $15.13 and a 200-day moving average of $14.74. The company has a current ratio of 1.68, a quick ratio of 0.28 and a debt-to-equity ratio of 0.23.

Chow Tai Fook Company Profile

(Get Free Report)

Chow Tai Fook Jewellery Group Limited is a Hong Kong-based jeweler that designs, manufactures, markets and sells jewelry and watches. Its product range includes gold jewelry, gem-set jewelry, platinum and karat-gold pieces, diamonds, jade and other gemstones, as well as watches and related accessories. The company serves consumers through retail stores, e-commerce channels and other sales networks.

The business traces its origins to a jewelry shop established in Guangzhou in 1929 by Cheng Yu-tung.

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