Chow Tai Fook Jewellery Group (OTCMKTS:CJEWY) Shares Up 14.1% - Here's Why
Chow Tai Fook Jewellery Group (OTCMKTS:CJEWY) shares surged 14.1% to $11.70 during trading, with a notable increase in volume. The stock's previous close was $10.25, and it has a fifty-day moving average of $10.67. The company, which operates in multiple countries, specializes in manufacturing and selling various jewelry products. Despite the rise, analysts currently hold a 'Hold' rating on the stock, suggesting it may not be the best buy compared to other options.
Chow Tai Fook Jewellery Group Limited (OTCMKTS:CJEWY - Get Free Report)'s share price rose 14.1% during trading on Friday . The stock traded as high as $11.70 and last traded at $11.70. Approximately 1,349 shares changed hands during mid-day trading, an increase of 42% from the average daily volume of 947 shares. The stock had previously closed at $10.25.
Chow Tai Fook Jewellery Group Trading Up 14.1 %
The business has a fifty day moving average price of $10.67 and a two-hundred day moving average price of $9.68.
About Chow Tai Fook Jewellery Group
(Get Free Report)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.
Featured Articles
- Five stocks we like better than Chow Tai Fook Jewellery Group
- Which Wall Street Analysts are the Most Accurate?
- 3 Mid-Cap to Mega-Cap Stocks Have Announced Significant Buybacks
- How to Invest in Tech Stocks and Top Tech Stocks to Consider
- These 3 Stocks Have Huge Last 12 Months Shareholder Yields
- Differences Between Momentum Investing and Long Term Investing
- Prominent Hedge Fund Acquires Huge Stake in HPE: Is It a Buy Now?
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Should You Invest $1,000 in Chow Tai Fook Jewellery Group Right Now?
Before you consider Chow Tai Fook Jewellery Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Chow Tai Fook Jewellery Group wasn't on the list.
While Chow Tai Fook Jewellery Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
