CK Hutchison (OTCMKTS:CKHUY) Upgraded at UBS Group

UBS Group upgraded shares of CK Hutchison (OTCMKTS:CKHUY) from a hold rating to a strong-buy rating in a research note issued to investors on Thursday,Zacks.com reports.

CK Hutchison Stock Down 5.4 %

Shares of CKHUY opened at $5.95 on Thursday. CK Hutchison has a fifty-two week low of $4.46 and a fifty-two week high of $6.57. The firm has a 50 day moving average price of $5.25 and a 200-day moving average price of $5.32. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.07 and a current ratio of 1.22.

About CK Hutchison

CK Hutchison Holdings Limited, an investment holding company, primarily operates in ports and related services, retail, infrastructure, and telecommunications businesses in Hong Kong and internationally. The company operates through four segments: Ports and Related Services, Retail, Infrastructure, and Telecommunications.