China Mengniu Dairy (OTCMKTS:CIADY) Sees Strong Trading Volume – Here’s Why

China Mengniu Dairy (OTCMKTS:CIADYGet Free Report) shares saw an uptick in trading volume on Tuesday . 27,722 shares traded hands during trading, an increase of 227% from the previous session’s volume of 8,488 shares.The stock last traded at $24.1150 and had previously closed at $24.0750.

China Mengniu Dairy Stock Performance

The company has a quick ratio of 0.87, a current ratio of 1.00 and a debt-to-equity ratio of 0.24. The stock’s 50 day simple moving average is $21.76 and its two-hundred day simple moving average is $21.46.

China Mengniu Dairy Company Profile

(Get Free Report)

China Mengniu Dairy Company Limited is one of the largest dairy product manufacturers in China, founded in 1999 and headquartered in Hohhot, Inner Mongolia. The company focuses on the production, processing and sale of a wide range of dairy products, leveraging modern dairy farming practices and vertically integrated operations to maintain quality and food safety standards.

Its product portfolio includes fresh liquid milk, UHT milk, yogurt, ice cream, milk powder and cheese, marketed under well-known brands such as Mengniu, Ambrosial and Yashili (in select segments).

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