Zacks Investment Research downgraded shares of CHOW TAI FOOK J/ADR (OTCMKTS:CJEWY) from a hold rating to a sell rating in a research note released on Monday morning, Zacks.com reports.

According to Zacks, “Chow Tai Fook Jewellery Group manufactures and sells jewelry products. The Company sells rings, necklaces, earrings, pendants, bracelets and small statues. It operates primarily in China, Hong Kong, Macau, Taiwan, Malaysia and Singapore. Chow Tai Fook Jewellery Group is headquartered in Central, Hong Kong. “

OTCMKTS:CJEWY opened at $9.65 on Monday. CHOW TAI FOOK J/ADR has a twelve month low of $6.24 and a twelve month high of $11.12. The company has a market cap of $10.37 billion, a P/E ratio of 26.08 and a beta of 1.12. The company has a quick ratio of 0.36, a current ratio of 1.55 and a debt-to-equity ratio of 0.07. The business has a 50 day moving average price of $8.72 and a two-hundred day moving average price of $8.67.

The business also recently disclosed a Semi-Annual dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, August 4th will be paid a dividend of $0.135 per share. The ex-dividend date of this dividend is Monday, August 3rd. CHOW TAI FOOK J/ADR’s dividend payout ratio is currently 72.97%.

CHOW TAI FOOK J/ADR Company Profile

Chow Tai Fook Jewellery Group Limited, an investment holding company, manufactures and sells jewelry products. The company offers high-end luxury, mass luxury, and youth line jewelry products, including gem-set, gold, and platinum/karat gold products under the Chow Tai Fook, Hearts On Fire, MONOLOGUE, and SOINLOVE brands.

Further Reading: What is Cost of Goods Sold (COGS)?

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