Zacks Investment Research lowered shares of China Mengniu Dairy (OTCMKTS:CIADY) from a buy rating to a hold rating in a research note issued to investors on Wednesday, Zacks.com reports.
According to Zacks, “China Mengniu Dairy Company Limited manufactures and distribute dairy products primarily in China. The company’s product pipeline consists of liquid milk products, ice cream, milk formula and other dairy products. China Mengniu Dairy Company Limited is based in Causeway Bay, Hong Kong. “
Get China Mengniu Dairy alerts: Shares of OTCMKTS:CIADY opened at $54.25 on Wednesday. China Mengniu Dairy has a 52 week low of $33.65 and a 52 week high of $66.75. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.15 and a current ratio of 1.27. The company’s fifty day moving average is $57.08 and its 200-day moving average is $56.35. The company has a market capitalization of $21.42 billion, a PE ratio of 35.69 and a beta of 0.70.

This data comes from MediaIntel.Asia's Media Intelligence and Media Monitoring Platform.