Zacks Investment Research Lowers Chow Tai Fook Jewe (CJEWY) to Hold

Chow Tai Fook Jewe (OTCMKTS:CJEWY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Friday, January 19th.

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. “

Shares of Chow Tai Fook Jewe (OTCMKTS CJEWY) traded up $0.04 during midday trading on Friday, reaching $10.79. 1,363 shares of the company’s stock traded hands, compared to its average volume of 3,602. The company has a quick ratio of 0.56, a current ratio of 2.30 and a debt-to-equity ratio of 0.07. Chow Tai Fook Jewe has a twelve month low of $8.85 and a twelve month high of $12.17.

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About Chow Tai Fook Jewe

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 and Hearts On Fire brands.

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