CK Hutchison (OTCMKTS:CKHUY) Stock Crosses Above 50-Day Moving Average – Should You Sell?

CK Hutchison Holdings Limited (OTCMKTS:CKHUY)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $5.58 and traded as high as $5.78. CK Hutchison shares last traded at $5.76, with a volume of 110,513 shares changing hands.

Analyst Ratings Changes

Separately, UBS Group raised shares of CK Hutchison from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 13th.

CK Hutchison Stock Up 0.3%

The company’s fifty day simple moving average is $5.58 and its 200 day simple moving average is $5.34. The company has a quick ratio of 1.07, a current ratio of 1.22 and a debt-to-equity ratio of 0.32.

About CK Hutchison

CK Hutchison Holdings Limited, an investment holding company, primarily operates in ports and related services, retail, infrastructure, and telecommunications businesses in Hong Kong and internationally. The company operates through four segments: Ports and Related Services, Retail, Infrastructure, and Telecommunications.