Chow Tai Fook Jewellery Group (OTCMKTS:CJEWY) Shares Down 3.5% – Time to Sell?

Chow Tai Fook Jewellery Group Limited (OTCMKTS:CJEWY) dropped 3.5% during trading on Monday . The company traded as low as $8.50 and last traded at $8.50. Approximately 283 shares traded hands during trading, a decline of 74% from the average daily volume of 1,068 shares. The stock had previously closed at $8.81.

Chow Tai Fook Jewellery Group Stock Performance

The business has a 50-day moving average price of $9.12 and a 200-day moving average price of $9.26. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.25 and a current ratio of 1.38.

Chow Tai Fook Jewellery Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, January 9th. Shareholders of record on Wednesday, December 11th will be issued a $0.257 dividend. The ex-dividend date is Wednesday, December 11th.

Chow Tai Fook Jewellery Group Company Profile

Chow Tai Fook Jewellery Group Limited, an investment holding company, manufactures and sells jewelry products in Mainland China, Hong Kong, Macau, Taiwan, Cambodia, Canada, Korea, Japan, Malaysia, the Philippines, Singapore, Thailand, the United States, and Vietnam. The company offers gem-set, platinum and k-gold jewelry, and gold jewelry and products under the CHOW TAI FOOK, HEARTS ON FIRE, ENZO, MONOLOGUE, and SOINLOVE brands.